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IN RE DREXEL BURNHAM LAMBERT GROUP, INC.

Bankruptcy No. 90B-10421, Adv. No. 91-5359A.

138 B.R. 687 (1992)

In re the DREXEL BURNHAM LAMBERT GROUP, INC., Debtor. Saul S. COHEN, Plaintiff, v. The DREXEL BURNHAM LAMBERT GROUP, INC., Defendant.

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

February 26, 1992.

Attorney(s) appearing for the Case

P. Gruenberger, and J. Forster, Weil, Gotshal & Manges, New York City, for debtor, defendant Drexel Burnham Lambert Group, Inc.

H. Edelman, Kaye, Scholer, Fierman, Hayes & Handler, New York City, for plaintiff Saul Cohen.

AMENDED MEMORANDUM OF DECISION ON EMPLOYMENT AGREEMENT

FRANCIS G. CONRAD, Bankruptcy Judge, Sitting by Special Designation.

INTRODUCTION

Resolution of the competing motions for summary judgment before us in this adversary proceeding1 requires us to venture into the thicket that is "executory contracts," where, says one commentator, "lurks a hopelessly convoluted and contradictory...

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