United States Third Circuit

Where Bankruptcy Code section 502(b)(6), capping a landlord's claim in bankruptcy for damages from lease termination, alters a creditor's non-bankruptcy claim, there is no alteration of claimant's rights for purposes of impairment under section 1124(1). Commercial tenant's bankruptcy filing did not contravene the Code's good faith requirement.

Appellate Information

• Argued 07/15/2002
• Decided 03/28/2003
• Published 03/28/2003

Judges

• Before SCIRICA, ALITO and FUENTES, Circuit Judges.

Court

• United States Third Circuit

Counsel

• For Appellant:
  
• Stephen J. Shimshak (Argued), James H. Millar, Paul, Weiss, Rifkind, Wharton & Garrison, New York, NY, William A. Hazeltine,Potter Anderson & Corroon, Wilmington, DE, for Appellant.


• For Appellees:
  
• James L. Patton, Jr. (Argued), Timothy E. Lengkeek, Young Conaway Stargatt & Taylor, Wilmington, DE, for Appellees, PPI Enterprises (U.S.), Inc., Polly Peck Produce, Inc., Arvi Limited and PPI Holdings, B.V., Charlene D. Davis (Argued), The Bayard Firm, Wilmington, DE, for Appellees, Arvi Limited and PPI Holdings, B.V.