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IN RE YELLOW LIMOUSINE SERVICE, INC.

Bankruptcy No. 81-00708EG.

22 B.R. 807 (1982)

In re YELLOW LIMOUSINE SERVICE, INC., Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

August 23, 1982.

Attorney(s) appearing for the Case

Charles M. Golden, Daniels, Golden & Saltz, P.C., Philadelphia, Pa., for debtor, Yellow Limousine Service, Inc.

Samuel L. Spear, Meranze, Katz, Spear & Wilderman, Philadelphia, Pa., for Taxicab Drivers Local 156, Intern. Broth. of Teamsters, Chauffeurs, Warehousemen and Helpers of America.

OPINION

EMIL F. GOLDHABER, Bankruptcy Judge:

The issue presented herein is whether we should grant the debtor's application to reject a collective bargaining agreement between it and the union representing its employees. We conclude that after balancing the equities, the debtor's application should be granted.

The facts of this case are as follows:1 On February 27, 1981, Yellow Limousine Service, Inc. ("the debtor") filed...

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