1. Home
  2. Browse Decisions
  3. B.R.
  4. 103 B.R.
  5. 103 B.R. 610 (1989)
 

IN RE JOSHUA SLOCUM, LTD.

Bankruptcy Nos. 88-14082S, 88-14083S, Adv. No. 89-0050S.

103 B.R. 610 (1989)

In re JOSHUA SLOCUM, LTD., a Pennsylvania Corporation, Debtor. In re JOSHUA SLOCUM, LTD., a Delaware Corporation, Debtor. JOSHUA SLOCUM, LTD., a Pennsylvania Corporation and Joshua Slocum, Ltd., a Delaware Corporation, Plaintiffs, v. Gregory BOYLE, Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

August 3, 1989.

Attorney(s) appearing for the Case

Melvin Lashner, Philadelphia, Pa., trustee.

William M. Lashner, Philadelphia, Pa., for trustee.

Carl H. Delacato, Jr., Hecker Brown Sherry and Johnson, Philadelphia, Pa., Robert Burrick, Warshaw, Burnstein, Cohen, Schlesinger & Kuh, New York City, for debtors.

James W. Adelman, Philadelphia, Pa., for Creditors' Committee.

Charles M. Golden, Marc N. Bell, Obermayer, Rebmann, Maxwell & Hippel, Philadelphia, Pa., for defendant.

James J. O'Connell, Philadelphia, Pa., Asst. U.S. Trustee.

Richard S. Fehling, Reading, Pa., for Meridian Bank.

Natalie Ramsey, Philadelphia, Pa., for Peat Marwick Main and Co.

OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

A. INTRODUCTION

The present adversary proceeding represents the efforts of the Debtors' Trustee in these jointly-administered Chapter 11 bankruptcy cases to set aside payments made under a Termination [of employment] Agreement, also contemplating redemption of the Debtors' stock, between the Debtors and the Defendant, their former President. The Trustee argues that the payments under the Agreement constituted...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases