In re STATE OPTICAL CO., INC. (Jointly administered with) National Contact Lens Center, Inc., No. 86-04833 and Contact Lens Center, P.C., No. 86-04834, Debtor.
United States Bankruptcy Court, E.D. Pennsylvania.https://leagle.com/images/logo.png
February 13, 1987.
February 13, 1987.
Attorney(s) appearing for the Case
Lawrence J. Tabas, Charen and Goldberg, Philadelphia, Pa., for debtor, State Optical Co.
Barry D. Kleban, Adelman Lavine Krasny Gold & Levin, Philadelphia, Pa., for Bausch & Lomb, objector.
Drew Salaman, Salaman and Salaman, Philadelphia, Pa., for Colburn Optical Industries, Inc., objector.
Kenneth F. Carobus, Morris and Adelman, Philadelphia, Pa., for Philadelphia Newspapers, Inc., objector.
United States Bankruptcy Court, E.D. Pennsylvania.
OPINION
BRUCE FOX, Bankruptcy Judge:
The debtor1 sent notice of its intent to continue paying its president and chief executive officer, Harry Breitman, his annual salary of $104,000.00 and to continue paying its executive vice president, Terrence Maher, his salary of $65,000.00.2 Three creditors filed objections to the proposal concerning Dr. Breitman and one creditor filed an objection concerning...
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