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  5. 204 B.R. 378 (1997)
 

IN RE MACMILLAN, INC.

Bankruptcy No. 93 B 45625 (TLB), 93 B 44970 (TLB), and 93 B 44971 (TLB), Ad. Nos. 94-9495A (TLB), 94-8496A (TLB).

204 B.R. 378 (1997)

In re MACMILLAN, INC. et al., Debtors. In re MCC GAO, INC. f/k/a Official Airlines Guides, Inc. et al., Debtors. The MAXWELL MACMILLAN REALIZATION LIQUIDATING TRUST and MCC GAO, Inc., Counterclaim-Plaintiffs, v. Sheldon J. ABOFF, Counterclaim-Defendant.

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

January 17, 1997.

Attorney(s) appearing for the Case

Milbank, Tweed, Hadley, & McCloy, New York City by George Brandon, Andrew J. Fields, and John M. Conlon, for Debtors.

Solovay Marshall & Edlin, P.C., New York City, by Richard A. Edlin and John F. Wirenius, for Sheldon J. Aboff.

DECISION ON ALLEGED EMPLOYMENT CONTRACT AND DEBTORS' COUNTERCLAIMS

TINA L. BROZMAN, Chief Judge.

Sometime in 1991, the year in which the empire of the late Robert Maxwell ("Maxwell") subsequently faltered, his son Kevin signed a brief but unusual letter agreement with Sheldon Aboff, the Maxwells' U.S. man on the spot, which guaranteed Aboff, who was in his early forties, lifetime employment and, when he was terminated, entitled him to some $23 million...

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