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IN RE CHAS. P. YOUNG CO.

Bankruptcy No. 89 B 11879.

111 B.R. 410 (1990)

In re CHAS. P. YOUNG COMPANY, et al., Debtors.

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

March 6, 1990.

Attorney(s) appearing for the Case

Kelley, Drye & Warren, New York City, for debtors; Sandra E. Mayerson and Joseph E. Sarachek, of counsel.

Vladeck, Waldman, Elias & Engelhard, P.C., New York City, for Typographical Union No. 6; Daniel Engelstein, of counsel.

Platzer, Fineberg & Swergold, New York City, for Creditors' Committee; Sydney Platzer, of counsel.

Oppenheimer, Wolff & Donnelly, New York City, for Chas. P. Young (N.Y.); Christopher W. Jones, and Joseph Vicinanza, of counsel.

DECISION CONCERNING DEBTOR'S MOTION TO BE RELIEVED FROM ARBITRATION

CORNELIUS BLACKSHEAR, Bankruptcy Judge.

The debtor, Charles P. Young Company New York, Inc. ("CPYNY"), seeks to be permanently relieved from an interest arbitration clause contained in its collective bargaining agreement with New York Typographical Union No. 6 ("Local 6"). The following are the facts giving rise to this motion.

Facts

In 1975, the Printers League...

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