IN RE MTC TELEMANAGEMENT CORP.

No. 97-12893.

269 B.R. 44 (2001)

In re MTC TELEMANAGEMENT CORP., et al., Debtors.

United States Bankruptcy Court, N.D. California.

September 10, 2001.


Attorney(s) appearing for the Case

John D. Fiero, for debtor.

Michael H. Ahrens, Sheppard, Mullin, Richter and Hampton, San Francisco, CA, Jonathan S. Kitchen, Law Offices of Baker and McKenzie, San Francisco, CA, James L. Lopes, Howard, Rice, Nemerovski, Canady et al., San Francisco, CA, Reidun Stromsheim, Law Offices of Stromsheim and Assoc., San Francisco, CA, for trustee.

Robert S. Bartlett, Bartlett and Leader-Picone, Oakland, CA, William T. Bisset, Hughes, Hubbard, and Reed, Los Angeles, CA, Matthew S. Covington, Law Offices of Steinhart and Falconer, San Francisco, CA, Suzanne D. DiNubile, Law Offices of Carr and Ferrell, Palo Alto, CA, Kathryn S. Diemer, Campeau, Goodsell and Diemer, San Jose, CA, Sunanda Kundra, Law Offices of Gibbons and Conley, Walnut Creek, CA, Mark H. Levine, Hughes, Hubbard and Reed, Los Angeles, CA, Dennis L. Livingston, Law Offices of Livingston and Weiss, San Francisco, CA, Richard S. London, Law Offices of London and Schaeffer, Houston, TX, Michael W. Malter, Law Offices of Binder and Malter, Santa Clara, CA, James Newall, Law Offices of James Newall, Pittsburgh, PA, Steven M. Olson, Geary, Shea, O'Donnell and Grattan, Santa Rosa, CA, Thomas Paine, Ellman, Burke Hoffman and Johnson, San Francisco, CA, Rodney R. Patula, Law Offices of Graham and James, San Francisco, CA, John Poppin, Law Offices of Poppin and Shier, Douglas B. Provencher, Neil J. Rubenstein, Law Offices of Arter and Hadden, San Francisco, CA, Scott S. Shepardson, Walsworth, Franklin, Bevins and McCall, San Francisco, CA, Byron K. Toma, Santa Rosa, CA, Peter A. Umoff, Seed, Mackall and Cole, Santa Barbara, CA, William P. Weintraub, Pachulski, Stang, Ziehl, Young and Jones, San Francisco, CA, Mark T. Young, Law Offices of Mark T. Young, Encino, CA, for creditor.


Memorandum on Arbitration Award as Administrative Expense Claim

ALAN JAROSLOVSKY, Bankruptcy Judge.

I. Introduction

On January 23, 1996, debtor MTC Telemanagement Corporation entered into a joint venture agreement with claimants Henk Keilman and Jan Peter Kastelein to develop and sell telecommunications service in Europe. On April 7, 1997, Keilman and Kastelein gave a notice pursuant to the agreement rescinding and terminating it. On August...

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