That's what U.S. Bankruptcy Judge Arthur B. Briskman is beingtold by Scott Shuker, an Orlando lawyer representing Robert I.Earl, the British-born chairman, CEO and president of PlanetHollywood.

The company is trying to reorganize under Chapter 11 for thesecond time in two years. Although Planet Hollywood owes a total$131 million, Earl is adamant in trying to keep his $600,000-a-yearsalary even as he slashes his budget ($8 million from $16 million),cuts staff (30 from 60), dismisses executives and tries to run thecorporation almost single-handedly, court testimony shows.

If Earl fails to turn the company around and Planet Hollywood isforced to liquidate its $121 million in assets, only securedcreditors such as lenders would recover their total $85 million inloans, according to court filings. Unsecured creditors such asvendors, suppliers and independent contractors would receivenothing.