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.
Issue: 
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Commercial case opionion summary, case decided on February 04,2013, LexisNexis #0213-112