In Re LCCH Liquidating Corp.
United States Bankruptcy Court, W.D. Virginia
1Opinion of the Court
MEMORANDUM OPINION
WILLIAM F. STONE, Jr., Bankruptcy Judge.
The matter before the Court is the Debtor’s Motion to approve payment of a severance benefit to the Hospital’s former Administrator and Chief Executive Officer in the amount of one year’s salary of just over $90,000 plus his accrued vacation and sick leave calculated on the basis of his current salary. No one objected to the payment of the accrued vacation and sick leave in the aggregate amount of $39,218.20 and that has been previously approved by an order of this Court. The United States Trustee and the Unsecured Creditors Committee…
2Cases cited3 opinions
- In Re Public Ledger, Inc.Court of Appeals for the Third Circuit · 1947
- In Re M Group, Inc.United States Bankruptcy Court, D. Delaware · 2001
- In Re Landmark Land Co. of Oklahoma, Inc.District Court, D. South Carolina · 1992