In re Ajay Sports, Inc.

OPINION DENYING DEBTORS’ OBJECTION TO CLAIM

PHILLIP J. SHEFFERLY, Bankruptcy Judge.

Introduction

This opinion addresses the application of § 502(b)(7) of the Bankruptcy Code to a *706proof of claim filed by a creditor, Ronald N. Silberstein. The Debtors assert that § 502(b)(7) applies and that a substantial portion of Silberstein’s claim must therefore be disallowed. Silberstein contends that § 502(b)(7) does not apply and that his claim should be allowed in full. This Court has jurisdiction pursuant to 28 U.S.C. §§ 1334(a) and 157(a). This is a core proceeding under 28 U.S.C. § 157(b)(2)(B). For…