IN RE ALAN WOOD STEEL COMPANY

Bankruptcy No. 77-930G.

12 B.R. 964 (1981)

In re ALAN WOOD STEEL COMPANY, Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

September 9, 1981.


Attorney(s) appearing for the Case

Pace Reich, Joseph F. Messina, Pincus, Verlin, Hahn, Reich & Goldstein, Philadelphia, Pa., for Class C Creditors' Committee.

John J. Leshinski, UNIVAC, Division Headquarters, Blue Bell, Pa., for pension claimants, Paul A. Hicks, Joseph S. Griesbaum, Richard F. Carter, John R. Mayer, Wallace K. Matthew.

Leonard L. Ettinger, Philadelphia, Pa., for Class C Creditors.

John S. Estey, Montgomery, McCracken, Walker & Rhoads, Philadelphia, Pa., for debtor, Alan Wood Steel Co.

Edward J. Dwyer, Gwynedd Valley, Pa., receiver.

Adelman & Lavine, Nathan Lavine, Philadelphia, Pa., for receiver.

Fell, Spalding, Goff & Rubin, Alexander N. Rubin, Jr., and Sklar, Pearl, Lichtenstein & Sklar, Lawrence J. Lichtenstein, Philadelphia, Pa., for Unsecured Creditors' Committee.


OPINION

EMIL F. GOLDHABER, Bankruptcy Judge:

The issue at bench is whether we should sustain the objections filed by the Class C Creditors' Committee to the claims for pension rights of six former employees of the debtor. We conclude that we should sustain the objections to the claim of any employee whose employment contract did not entitle him to the claimed pension benefit, but we should deny the objections to...

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