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MATTER OF FORUM GROUP, INC.

No. 95-2091.

82 F.3d 159 (1996)

In the Matter of FORUM GROUP, INCORPORATED, Debtor-Appellee. Appeal of Royce HARRELL, Wayne S. Tush, Ken Veil, et al.

United States Court of Appeals, Seventh Circuit.

Decided April 22, 1996.

Attorney(s) appearing for the Case

Leonard Opperman (argued), Scott C. Quick, Kunz & Opperman, Indianapolis, IN, for Wayne S. Tush, Ken Veil, Wayne L. Beverage and Larry L. Laird.

James D. Blythe, II, Blythe & Ost, Indianapolis, IN, Leonard Opperman, Scott C. Quick, Kunz & Opperman, Indianapolis, IN, for Royce Harrell.

Thomas C. Scherer (argued), Bingham, Summers, Welsh & Spilman, Indianapolis, IN, for Forum Group, Inc.

Before COFFEY, FLAUM, and EASTERBROOK, Circuit Judges.

FLAUM, Circuit Judge.

The plaintiffs were executives at Forum Group, Inc. ("Forum") until they were terminated in 1992. Following their terminations, the executives sought compensation pursuant to termination benefits agreements (TBAs) they had each entered into with Forum. However, the TBAs, essentially golden parachutes, had been rejected when Forum went through a voluntary bankruptcy. The executives therefore filed unsecured claims for damages in the bankruptcy...

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