MEMORANDUM
JOHN C. COOK, Bankruptcy Judge.
The issue presented in this case is whether postpetition contracts entered into between the debtor and its management team that provided one year severance pay benefits to management team employees were transactions or the incurring of debt in the ordinary course of debtor's business which did not require notice and hearing or court authorization.
I.
On February 20, 1990, the debtor filed a motion...
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