In re Prestige Motorcar Gallery Inc.
Sep
13
2011
Ruling
Trustee's assumption and assignment of car dealership lease denied on objection of the lessor, debtor's sole shareholder.
Procedural posture
The trustee for a Chapter 11 debtor filed a motion for approval of the assumption and assignment of an unexpired lease pursuant to 11 U.S.C.S. § 365(a). The debtor's sole shareholder objected, suggesting that the trustee did not have the legal right to assume and assign the lease.
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Court
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