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IN RE LYON & REBOLI, INC.

Bankruptcy Nos. 882-81154-18, 882-81872-18.

24 B.R. 152 (1982)

In re LYON & REBOLI, INC., Debtor. In re LYON & REBOLI ASPHALT CORP., Debtor.

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

October 29, 1982.

Attorney(s) appearing for the Case

Goldman, Horowitz & Cherno, Garden City, N.Y., for Creditors Committee.

Louis H. Rosenberg, New York City, for debtor.

DECISION

C. ALBERT PARENTE, Bankruptcy Judge.

The creditors committee has moved by order to show cause to have the court reduce the salaries of the officers of the above-captioned debtors-in-possession. Two issues are posited for resolution: (1) Whether this court has the requisite authority to alter the salaries of the officers of a Chapter 11 debtor-in-possession for cause shown; and (2) If the court has such authority...

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