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IN RE LESLIE FAY COMPANIES, INC.

Bankruptcy No. 93-41724 (TLB).

168 B.R. 294 (1994)

In re THE LESLIE FAY COMPANIES, INC., Debtors.

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

June 21, 1994.

Attorney(s) appearing for the Case

Weil, Gotshal & Manges by Alan Miller, Brian Rosen and Norman Rosenbaum, New York City, for debtor.

Mudge Rose Guthrie Alexander & Ferdon by Joel Cohen, New York City, Special Labor Counsel to debtor.

Marcus Montgomery Wolfson P.C., by Marc Richards and Lisa Buckley, New York City, for Intern. Ladies Garment Workers' Union, AFL-CIO.

Brent Garren, New York City, Asst. Gen. Counsel for Intern. Ladies Garment Workers' Union, AFL-CIO.

Wachtell, Lipton, Rosen & Katz by Richard Mason, New York City, for Official Committee of Unsecured Creditors.

Lord, Bissell & Brook by Benjamin Waisbren, Chicago, IL, for Official Committee of Equity Security Holders.

OPINION ON UNION'S MOTION TO CONFIRM AND DEBTOR'S CROSS-MOTION TO VACATE AN ARBITRATION AWARD

TINA L. BROZMAN, Bankruptcy Judge.

The International Ladies' Garment Workers' Union, AFL-CIO (the "Union"), seeks to confirm an arbitration award which would compel The Leslie Fay Companies, Inc. ("Leslie Fay") to adhere to a postpetition amendment to a collective bargaining agreement. Leslie Fay cross-moves to have me set aside the award on various grounds...

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