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MATTER OF SCHATZ FEDERAL BEARINGS CO., INC.

Bankruptcy No. 80 B 20101.

5 B.R. 549 (1980)

In the Matter of SCHATZ FEDERAL BEARINGS CO., INC., Debtor.

United States Bankruptcy Court, S.D. New York.

August 4, 1980.

Attorney(s) appearing for the Case

Otterbourg, Steindler, Houston & Rosen, New York City, for debtor; Conrad B. Duberstein and Sarah S. Curley, New York City, of counsel.

Stroock & Stroock & Lavan, New York City, for Official Creditors' Committee; Sheldon Lowe, New York City, of counsel.

Claude D. Montgomery, Asst. Gen. Counsel, Detroit, Mich., Craig & Macauley, Boston, Mass., for UAW; William F. Macauley, Richard P. Campbell and Donald E. Hacker, Jr., Boston, Mass., of counsel.

Lum, Biunno & Tompkins, Newark, N.J., co-counsel to Creditors' Committee; Theodore L. Abeles, Newark, N.J., of counsel.

HEARING ON DEBTOR'S APPLICATION TO PAY VACATION PAY IN FULL AS AN ADMINISTRATIVE EXPENSE.

HOWARD SCHWARTZBERG, Bankruptcy Judge.

Schatz Federal Bearings Co., Inc. filed a petition for relief under Chapter 11 of the Bankruptcy Reform Act of 1978, 11 U.S.C. § 1101 et seq., on March 5, 1980, and continues in the operation of its business as a debtor-in-possession in accordance with Code §§ 1107 and 1108. The debtor now seeks an order from this...

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