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IN RE LESLIE FAY COMPANIES, INC.

No. 97 CIV. 8354(JSR).

222 B.R. 718 (1998)

In re The LESLIE FAY COMPANIES, INC., et al., Debtors. Jacob V. FALBAUM, Anthony Gill, Lee L. Kishbaugh, Emile Lewkowiez, Elizabeth Michaud and Raymond J. Terwilliger, Appellants, v. The LESLIE FAY COMPANIES, INC., et al., Appellees.

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

July 17, 1998.

Attorney(s) appearing for the Case

Wisehart & Koch, by Arthur M. Wisehart and Heather R. Boshak, New York City, for claimants.

McDermott, Will & Emery by Joel E.Cohen and Barbara Funt, New York City, for debtors.

MEMORANDUM ORDER

RAKOFF, District Judge.

On April 5, 1993, Leslie Fay and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code. Each of the debtors thereafter operated its business or managed its properties as a debtor in possession pursuant to §§ 1107 and 1108 of the Bankruptcy Code. By separate proofs of claim filed in 1993 and 1994, the appellants — former Leslie Fay employees Jacob...

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