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IN RE EASTERN ELEC. SALES CO., INC.

Bankruptcy No. 86-03206G.

66 B.R. 545 (1986)

In re EASTERN ELECTRIC SALES CO, INC. t/a Aetna Insulated Wire Co. (Jointly Administered with Lux Cable Company, Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

As Amended December 8, 1986.

Attorney(s) appearing for the Case

Marvin Krasny, Adelman Lavine Krasny Gold & Levin, Philadelphia, Pa., for debtor.

Jami Wintz McKeon, Morgan, Lewis & Bockius, Philadelphia, Pa., for objector, Philadelphia Nat. Bank.

MEMORANDUM OPINION

EMIL F. GOLDHABER, Chief Judge:

Pursuant to Local Bankruptcy Rule 4002.1, counsel for the above debtor in possession sent timely notice to the debtor's creditors advising them that, barring objection, the debtor in possession proposed to pay designated compensation to certain of its employees. Included among said employees was one Louis C. Goodfarb, a major shareholder of the debtor who requested...

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