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In re Student Fin. Corp.

In re Student Fin. Corp.

Ruling
Lease on which debtor had been current had not terminated prior to filing date so that creditor could make claim for rejection damages.
Procedural posture

Movant, the chapter 7 trustee, sought an order granting summary judgment against claimant creditor, who had moved to compel debtor to assume or reject a lease for a telephone system, to compel immediate payment of certain rent and lease obligations or, in the alternative, to provide adequate protection. The creditor also sought relief from the automatic stay.

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Commercial opinion summary, case decided on November 28, 2007 , LexisNexis #0108-025