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  5. 117 B.R. 194 (1990)
 

IN RE LEVINSON STEEL CO.

Bankruptcy Nos. 90-00631, 90-00632, Motion No. 90-2700-M.

117 B.R. 194 (1990)

In re The LEVINSON STEEL COMPANY, Auxier Scott Supply Company, Debtors.

United States Bankruptcy Court, W.D. Pennsylvania.

August 1, 1990.

Attorney(s) appearing for the Case

Paul M. Singer, Reed, Smith, Shaw & McClay, Pittsburgh, Pa., for debtors.

Joseph F. McDonough, Manion, McDonough & Lucas, P.C., Pittsburgh, Pa., for Bank of New England.

Kevin C. Hansen, Meyer, Unkovic & Scott, Pittsburgh, Pa., for the Official Committee of Unsecured Creditors.

MEMORANDUM OPINION

JUDITH K. FITZGERALD, Bankruptcy Judge.

The matter before the court is the Levinson Steel Company's (hereinafter "Levinson") Motion for Confirmation of Existing Severance Policy, and to Provide Key Employee Severance Arrangements.1 On March 7, 1990, Levinson filed a petition for relief under Chapter 11 of the Bankruptcy Code. Levinson continues in the management of its business and property as Debtor-in-Possession...

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