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In re Texas Wyo. Drilling Inc.

In re Texas Wyo. Drilling Inc.

Ruling
President and CEO's claim for compensation for rejection of employment agreement after conversion to chapter 7 was not entitled to administrative expense priority.
Procedural posture

Chapter 7 trustee objected to a proof of claim filed by the former consulting director, president, and chief operating officer for the debtor.

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Commercial opinion summary, case decided on February 04, 2013 , LexisNexis #0213-112