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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.
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