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IN RE MAJESTIC CAPITAL, LTD.

No. 11-36225.

463 B.R. 289 (2012)

In re MAJESTIC CAPITAL, LTD., Debtor.

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

January 9, 2012.

Attorney(s) appearing for the Case

Thomas Genova , Genova & Malin, Wappingers Falls, NY, Harold Murphy and Andrew Lizotte , Murphy & King, PC, Boston, MA, for Debtors.

William Grossman , Jaeckle Fleischmann & Mugel, LLP, Buffalo, NY, for Chester Walczyk.

AMENDED MEMORANDUM DECISION DENYING MOTION FOR ADMINISTRATIVE CLAIM AND GRANTING MOTION TO REJECT EMPLOYMENT CONTRACT

CECELIA G. MORRIS, Bankruptcy Judge.

At the hearing on November 15, 2011, the Court heard argument on the Debtors' motion to reject the employment contract of Chester Walczyk, former chief operating officer of the Debtors. Walczyk opposed the motion, and argued that he should be allowed an...

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