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Legal Opinion

In Re Aerovox, Inc.

United States Bankruptcy Court, D. Massachusetts

Decided October 31, 2001No. 19-10800PublishedCited by 12 opinions

1Opinion of the Court

MEMORANDUM

JOAN N. FEENEY, Bankruptcy Judge.

I. INTRODUCTION

The matters before the Court are the “Amended Motion by Debtor for Authorization to Implement Employee Retention and Severance Program and to Reject Certain Executory Contracts” (the “Amended Motion”), the Creditors’ Committee’s Opposition and the Joint Objection by KeyBank National Association and Fleet Capital Corporation. Pursuant to its Amended Motion, Aerovox, Inc. seeks authority, under 11 U.S.C. §§ 105(a) and 363(b), to implement a Key Employee Retention Program (“KERP”), which consists of a bonus plan and a severance package…

2Cases cited9 opinions

  1. In Re Orion Pictures Corporation, Debtor, Orion Pictures Corporation v. Showtime Networks, Inc., Formerly Known as Showtime/the Movie Channel, Inc.Court of Appeals for the Second Circuit · 1993
  2. STEPHENS INDUSTRIES, INC., Plaintiff-Appellant, v. James R. McCLUNG, Trustee in Bankruptcy, Etc., Defendant-AppelleeCourt of Appeals for the Sixth Circuit · 1986
  3. In Re Delaware & Hudson Railway Co.District Court, D. Delaware · 1991
  4. Dai-Ichi Kangyo Bank, Ltd. v. Montgomery Ward Holding Corp. (In Re Montgomery Ward Holding Corp.)District Court, D. Delaware · 1999
  5. Titusville Country Club v. Pennbank (In Re Titusville Country Club)United States Bankruptcy Court, W.D. Pennsylvania · 1991

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3Cited by12 opinions

  1. G-I Holdings, Inc. v. Those Parties Listed on Exhibit a (In Re G-I Holdings, Inc.)United States Bankruptcy Court, D. New Jersey · 2004
  2. In Re Global Crossing Ltd.United States Bankruptcy Court, S.D. New York · 2003
  3. In Re Dana Corp.United States Bankruptcy Court, S.D. New York · 2006
  4. In Re U.S. Airways, Inc.United States Bankruptcy Court, E.D. Virginia · 2005
  5. White v. Official Committee of Unsecured Creditors (In Re Cadkey Corp.)District Court, D. Massachusetts · 2004

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