Skip to main content

Page Banner(Taxonomy)

judge swain

COR Route 5 Co. LLC v. Penn Traffic Co. (In re Penn Traffic Co.)

Ruling
Bankruptcy court properly held that postpetition completion of creditor's obligations under executory contract did affect debtor's ability to reject.
Procedural posture

Appellant creditor sought review of an order of U.S. District Court for the Southern District of New York, which affirmed a bankruptcy court order authorizing appellee debtor's rejection of an executory contract under 11 U.S.C.S. § 365(a). Prior to the commencement of the bankruptcy case, the creditor, a commercial real estate developer, entered into a contract with the debtor, a food retailer, to develop a new supermarket on certain property.

ABI Membership is required to access the full summary of COR Route 5 Co. LLC v. Penn Traffic Co. (In re Penn Traffic Co.) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on April 29, 2008 , LexisNexis #0508-097