With Patrick Maxcy, Christopher Soper, Peter Wolfson
In a decision filed on July 6, 2011, the Fourth Circuit held that former employees of a debtor "earned" their severance compensation "on the date they became participants in the debtor’s severance plan immediately after their termination from employment" rather than over the course of their employment, as argued by the trustee. Matson v. Alarcon, 2011 WL 2624437 at *1, 2011 U.S. App. LEXIS 13729 (4th Cir. July 6, 2011).