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IN RE NORTH AMERICAN ROYALTIES, INC.

No. 01-17271.

276 B.R. 587 (2002)

In re NORTH AMERICAN ROYALTIES, INC., Wheland Holding Company, Inc., Wheland Manufacturing Company, Inc., and Wheland Foundry, LLC, Debtors.

United States Bankruptcy Court, E.D. Tennessee, Southern Division.

April 29, 2002.

Attorney(s) appearing for the Case

Richard C. Kennedy, Kennedy, Koontz & Farinash, Chattanooga, TN, Neal Batson, Matthew W. Levin, Jason H. Watson, Alston & Bird, LLP, Atlanta, GA, for Debtors.

Thomas E. Ray. Wooden, Ray, Fulton & Scarborough, Chattanooga, TN, Marc E. Richards, Blank, Rome, Comasky & McCauley, LLP, New York City, William Burnett, Blank, Rome, Comasky & McCauley, LLP, Wilmington, DE, for Committee of Unsecured Creditors.

MEMORANDUM

R. THOMAS STINNETT, Bankruptcy Judge.

The court must decide whether to grant a motion filed by the debtor, North American Royalties (NAR), for approval of a consensual termination agreement with the United Steel Workers Association (the union). The motion is opposed by three disabled workers, Silas Passmore, Thaddeus Passmore, and Franklin H. Davis, Jr., appearing pro se. For convenience, the court will refer to them as the objectors. Their...

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