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IN RE JAMESWAY CORP.

Bankruptcy No. 95-B-44821.

199 B.R. 836 (1996)

In re JAMESWAY CORPORATION, Debtor.

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

September 6, 1996.

Attorney(s) appearing for the Case

Lester M. Kirshenbaum, Cherise Wolas Kasica, Craig B. Cooper, Kaye, Scholer, Fierman, Hays & Handler, L.L.P., New York City, for Jamesway Corp., et al.

Risa M. Rosenberg, Bachner, Tally, Polevoy & Misher, L.L.P., New York City, for Massachusetts Mutual Life Ins. Co.

Andrew M. Kramer, Otterbourg, Steindler, Houston & Rosen, P.C., New York City, for Tri-State Mall and Monticello Mall.

Paul Traub, Maura I. Russell, Traub, Bonacquist & Fox, L.L.P., New York City, for Official Committee of Unsecured Creditors.

MEMORANDUM DECISION ON MOTION OF HERBERT DOUGLAS FOR SUMMARY JUDGMENT DIRECTING PAYMENT OF SEVERANCE COMPENSATION AS AN ADMINISTRATIVE EXPENSE UNDER § 503(b) OF THE BANKRUPTCY CODE

JAMES L. GARRITY, Jr., Bankruptcy Judge.

This is Jamesway Corp.'s ("Jamesway" or "debtor") second case ("Jamesway II") under chapter 11 of the Bankruptcy Code. Its first case ("Jamesway I") resulted in a confirmed chapter 11 plan of reorganization (the "Jamesway I Plan...

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