Legal Opinion
In re Majestic Capital, Ltd.
United States Bankruptcy Court, S.D. New York
Decided January 9, 2012No. 11-36225PublishedCited by 2 opinions
1Opinion of the Court
AMENDED MEMORANDUM DECISION DENYING MOTION FOR ADMINISTRATIVE CLAIM AND GRANTING MOTION TO REJECT EMPLOYMENT CONTRACT
CECELIA G. MORRIS, Bankruptcy Judge.
At the hearing on November 15, 2011, the Court heard argument on the Debtors’ *291motion to reject the employment contract of Chester Walczyk, former chief operating officer of the Debtors. Walczyk opposed the motion, and argued that he should be allowed an administrative claim for severance pay, to which he claims he is entitled under his employment contract. The Court denies the motion for the administrative claim pursuant to 11 U.S.C. section…
2Cases cited20 opinions
- Kucana v. HolderSupreme Court of the United States · 2010
- Trustees of the Amalgamated Insurance Fund v. McFarlin's, Inc.Court of Appeals for the Second Circuit · 1986
- Cohen v. Drexel Burnham Lambert Group, Inc. (In Re Drexel Burnham Lambert Group, Inc.)United States Bankruptcy Court, S.D. New York · 1992
- Mason v. Official Committee of Unsecured Creditors Ex Rel. FBI Distribution Corp. (In Re FBI Distribution Corp.)Court of Appeals for the First Circuit · 2003
- COR Route 5 Co. v. Penn Traffic Co.Court of Appeals for the Second Circuit · 2008
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3Cited by2 opinions
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