United States Fourth Circuit
IN RE TRAK AUTO CORP., 03-1136
Debtor's motion to assume and assign its lease must be denied under Bankruptcy Code section 365(b)(3)(C); bankruptcy court erred in permitting it to assign the shopping center lease to an apparel merchandiser that would not honor the use restriction.
Appellate Information
- Decided 04/22/2004
- Published 04/22/2004
Judges
- Before WILKINSON, MICHAEL, and SHEDD, Circuit Judges.
Court
- United States Fourth Circuit
Counsel
- For Appellees:
- ARGUED:Matthew Ward Schlegel, Kupelian, Ormond & Magy, P.C., Southfield, Michigan, for Appellant. Peter Gilbert Zemanian, Willcox & Savage, P.C., Norfolk, Virginia, for Appellees. ON BRIEF:Paul K. Campsen, J. Ellsworth Summers, Jr., Kaufman & Canoles, P.C., Norfolk, Virginia, for Appellant. James T. Lloyd, Jr., Trapani, Bernard & Lloyd, Norfolk, Virginia; John C. McLemore, Tinkham & Mclemore, Norfolk, Virginia, for Appellees. Thomas J. Lease, Dustin P. Branch, Katten, Muchin, Zavis & Rosenman, Los Angeles, California, for Amicus Curiae.