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IN RE CHILD WORLD, INC.

Bankruptcy No. 92 B 20887.

147 B.R. 847 (1992)

In re CHILD WORLD, INC., Debtor.

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

October 30, 1992.

Attorney(s) appearing for the Case

Weil, Gotshal & Manges, New York City, for debtor.

Patterson, Belknap, Webb & Tyler, New York City, for The Unofficial Employees' Committee of Child World, Inc.

O'Melveny & Myers, New York City, for the Banks Citicorp Center.

Otterbourg, Steindler, Houston & Rosen, P.C., New York City, for Creditors' Committee.

DECISION ON MOTION FOR ORDER AUTHORIZING REJECTION OF CERTAIN CONTRACTS

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The debtor in this case, Child World, Inc., seeks to reject, pursuant to 11 U.S.C. § 365(a), twenty-two employment contracts with some of its key employees whose employment was previously terminated by the debtor during the post-Chapter 11 period and after the debtor decided to liquidate its business. The debtor's admitted objective is to take...

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