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IN RE MONTGOMERY WARD HOLDING CORP.

No. CIV.A. 98-52-JJF.

242 B.R. 147 (1999)

In re MONTGOMERY WARD HOLDING CORP., et al., Debtors. The Dai-Ichi Kangyo Bank, Ltd., Chicago Branch, et al., Appellants, v. Montgomery Ward Holding Corp., et al., Appellees.

United States District Court, D. Delaware.

November 24, 1999.

Attorney(s) appearing for the Case

John D. Demmy and Eric D. Schwartz, Morris, James, Hitchens & Williams, Wilmington Delaware, Of Counsel: Jonathan A. Backman and Mai S. Shiver, Rudnick & Wolfe, Chicago, Illinois, for Appellants.

Thomas L. Ambro and Daniel DeFrancheschi, Richards, Layton & Finger, Wilmington Delaware, Of Counsel: David S. Kurtz, Richard A. Chesley, and Jeffrey W. Linstrom, Jones, Day, Reavis & Pogue, Chicago, Illinois, for Appellees.

OPINION

FARNAN, Chief Judge.

Presently before the Court is an appeal by The Dai-Ichi Kangyo Bank, Ltd., The Fuji Bank, Ltd., The Long-Term Credit Bank, Ltd., The Sakura Bank, Ltd. and The Sanwa Bank, Ltd. (collectively the "Bank Group") from the September 17, 1997 Order (the "Order") of the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") granting the Debtors' motion to approve various employee incentive programs...

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