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MATTER OF REXENE CORP.

Nos. 91-1057 to 91-1059.

154 B.R. 430 (1993)

In the Matter of REXENE CORPORATION (f/k/a Rexene Products Company), et al., Debtors.

United States Bankruptcy Court, D. Delaware.

May 19, 1993.

Attorney(s) appearing for the Case

Laura Davis Jones, Young, Conaway, Stargatt & Taylor, Wilmington, DE, Jay S. Handlin, Simpson Thacher & Bartlett, New York City, for debtors.

Joseph M. Bernstein, Wilmington, DE, Peter Johnson, Houston, TX, for Bobby E. Seltz.

MEMORANDUM OPINION AND ORDER

HELEN S. BALICK, Bankruptcy Judge.

Rexene Corporation (Rexene) seeks summary judgment disallowing the claim of Bobby E. Seltz, Claim No. 00445 (Seltz Claim), pursuant to Bankruptcy Rules 9014 and 7056. The Seltz Claim is an unsecured claim for early retirement benefits of $539,969.40 under the Executive Security Plan of El Paso Products Company (El Paso), now known as Rexene.1 Bobby Seltz has filed...

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