ARTHUR GONZALEZ, Bankruptcy Judge
Upon further consideration of the Reorganized Debtors' Ninety-Fourth Omnibus Objection to Proofs of Claim (Miscellaneous Employee Claims), dated March 10, 2005 (the "Objection") (Docket No. 24287), seeking entry of an order (a) disallowing and expunging; (b) modifying (by amount, classification and/or Debtor entity liable) and allowing; and (c) modifying (by amount, classification and/or Debtor entity liable) without allowance of certain claims pursuant to section 502(a) of title 11 of the United States Bankruptcy Code (the "Bankruptcy Code"), as identified on Exhibits A-F to the Objection, and with respect to the claims that the Reorganized Debtors do not seek to allow or disallow at this time, subject to the Reorganized Debtors' reservation of rights to object to the validity, allowance, classification and priority of such claims, as modified herein, or to assert counterclaims against the holders of such claims, or their assignees, on other grounds at a later date, including, but not limited to, objections arising under sections 502(d) and 510 of the Bankruptcy Code; and subject to the Reorganized Debtors' reservation of rights to offset certain claims against amounts such claimants owe the Reorganized Debtors; and upon consideration of the Reorganized Debtors' Omnibus Reply to Responses to the Ninety-Fourth Omnibus Objection (Miscellaneous Employee Claims), dated June 21, 2005 (Docket No. 26230); and it appearing that the Court entered first its Order Granting The Reorganized Debtors' Ninety-Fourth Omnibus Objection To Proofs Of Claim (Miscellaneous Employee Claims) on May 5, 2005 (Docket No. 25565), inter alia, adjourning the Employment Agreement Objection as to certain Claims following good and sufficient notice and a hearing; and it appearing that the Court entered its Second Order Granting the Reorganized Debtors' Ninety-Fourth Omnibus Objection to Proofs of Claim (Miscellaneous Employee Claims) on June 23, 2005 (Docket No. 26294), inter alia, adjourning the Objection as to certain Claims following good and sufficient notice and a hearing; and it appearing that the reduction and allowance of the Claim identified on Exhibit A attached hereto is in the best interests of the Reorganized Debtors, their creditors, and all parties in interest; and, pursuant to Rule 3007 of the Federal Rules of Bankruptcy Procedure, good and sufficient notice having been provided to the persons or entities that filed proofs of claim identified onExhibits A-F to the Objection and their attorneys (if known), and any other parties on the Debtors' Master Service List; and it appearing that no other or further notice need be provided; and the Court having reviewed the Objection and having heard the statements of counsel in support of the relief requested therein at a hearing before the Court (the "Hearing"); and the Court having determined that the legal and factual bases set forth in the Objection and at the Hearing establish just cause for the relief granted herein; and upon all of the proceedings had before the Court; and after due deliberation and sufficient cause appearing therefor, it is
Capitalized terms used but not defined herein shall retain the meaning ascribed to such terms in the Objection.
ORDERED that, pursuant to section 502(a) of the Bankruptcy Code and by agreement between the parties, Claim No. 836105 filed by Gregoire A. Hermans is modified, reduced and allowed in the amount and priority and against the Debtor entity indicated onExhibit A attached hereto; and it is further
ORDERED that, pursuant to Rule 3006 of the Federal Rules of Bankruptcy Procedure and by agreement of the parties, Claim No. 836102 filed by Gregoire A. Hermans is withdrawn with prejudice as indicated on Exhibit A attached hereto; and it is further
ORDERED that the hearing on the Objection to the claims listed on Exhibit B is hereby adjourned to October 6, 2005 at 10:00 a.m. (New York City time).