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IN RE FOOTHILLS TEXAS, INC.

No. 09-10452.

408 B.R. 573 (2009)

In re FOOTHILLS TEXAS, INC., et al., Debtors.

United States Bankruptcy Court, D. Delaware.

July 28, 2009.

Attorney(s) appearing for the Case

Norman L. Pernick, Patrick J. Reilley, Cole, Schotz, Meisel, Forman & Leonard, P.A., Wilmington, DE, Charles R. Gibbs (Argued), David F. Staber, Sarah Link Schultz, Akin Gump Strauss Hauer & Feld, LLP, Dallas, TX, for Debtors and Debtors in Possession.

Joseph J. McMahon, Jr. (Argued), Trial Attorney, United States Department of Justice, Office of the United States Trustee, Wilmington, DE, for Roberta A. DeAngelis, Acting United States Trustee.

OPINION1

CHRISTOPHER S. SONTCHI, Bankruptcy Judge.

INTRODUCTION

Before the Court is the Debtors' motion seeking authorization to pay retention bonuses to two persons who are vice presidents of the Debtors. Section 503(c)(1) of the Bankruptcy Code governs payments for the purpose of inducing an insider to remain with the debtor's business. In order for a debtor to make such payments the criteria...

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