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IN RE NAPA VALLEY PHYSICIANS PLAN

No. 01-10255.

266 B.R. 455 (2001)

In re NAPA VALLEY PHYSICIANS PLAN, Debtor.

United States Bankruptcy Court, N.D. California.

August 6, 2001.

Attorney(s) appearing for the Case

John H. MacConaghy, Law Offices of John H. MacConaghy, Sonoma, CA, for debtor.

Reidun Stromsheim, Law Offices of Stromsheim and Associates, San Francisco, CA, for trustee.

Memorandum on Objection to Claim

ALAN JAROSLOVSKY, Bankruptcy Judge.

In this case, claimant Brigid Mulligan seeks allowance of an administrative claim in the amount of $74,632.00. She is the former CEO of a wholly-owned subsidiary of the debtor. The claim is for six months' severance pay, based on a contract between Mulligan and the subsidiary entered into before the debtor filed its bankruptcy petition. The Chapter 7 trustee objects.

The...

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