IN RE GIBSON & CUSHMAN DREDGING CORP.

Bankruptcy No. 088-0147-21.

103 B.R. 399 (1989)

In re GIBSON & CUSHMAN DREDGING CORP., Debtor.

United States Bankruptcy Court, E.D. New York.

August 2, 1989.


Attorney(s) appearing for the Case

Harvis & Zeichner by Abraham Backenroth, New York City, for debtor.

Philip R. Mann, New York City, for creditors committee.

Shea & Gould, by Brian Kriger, New York City, for Christopher Kirk.

Robert P. Herzog, New York City, for Creditors Milam and DiIorio.

U.S. Trustee for E.D.N.Y. by Christine Black, Garden City.


OPINION

CECELIA H. GOETZ, Bankruptcy Judge:

Before the Court is a motion by the debtor and debtor-in-possession, Gibson & Cushman Dredging Corp. ("Gibson & Cushman"), requesting that it be allowed to enter into an employment contract with Christopher C. Kirk ("Kirk"). He is now the debtor's Chief Operating Officer, under the contract he would also fill the position of President.

The motion was heard on July 25, 1989. Gibson & Cushman...

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