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IN RE ONEIDA LTD.

No. 06-10489 (ALG).

400 B.R. 384 (2009)

In re ONEIDA LTD., et al., Reorganized Debtors.

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

February 6, 2009.

Attorney(s) appearing for the Case

Shearman & Sterling LLP, by William J.F. Roll, III, Seth M. Kean, Esq., Irina Dragulev, Esq., New York, NY, for Oneida Ltd.

Kasowitz, Benson, Torres & Friedman LLP, by Andrew K. Glenn, Esq., Daniel N. Zinman, Esq., Kristina R. Juntunen, Esq., New York, NY, for Peter J. Solomon Company, L.P.

POST-TRIAL MEMORANDUM OF OPINION

ALLAN L. GROPPER, Bankruptcy Judge.

The reorganized debtors in the above-captioned Chapter 11 proceedings ("Oneida") object to a proof of claim filed by a former financial advisor, Peter J. Solomon Company, L.P. ("PJSC"). The proof of claim alleges that Oneida is liable under an Amended and Restated Engagement Letter (the "Letter Agreement"), dated May 1, 2004. As PJSC interprets a "tail provision" of the Letter Agreement...

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