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IN RE TUBULAR PRODUCTS, INC.

Bankruptcy No. 86-00240K.

76 B.R. 74 (1987)

In re TUBULAR PRODUCTS, INC., Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

July 15, 1987.

Attorney(s) appearing for the Case

Myron A. Bloom, Philadelphia, Pa., for objector/David Cardis.

Charles M. Golden, Philadelphia, Pa., for debtor.

MEMORANDUM

DAVID A. SCHOLL, Bankruptcy Judge.

Before us is a request by the Debtor to pay its Vice-President, Richard Katz, compensation for collection of accounts receivable on a contingency-fee basis of "twenty (20%) percent of collected accounts receivable after payment of all actual and necessary expenses." The Debtor's largest unsecured creditor (and also the principal of a corporation which allegedly owes money to the Debtor), David Cardis, filed an...

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