In Re Policy Realty Corp.
District Court, S.D. New York
1Opinion of the Court
OPINION AND ORDER
SCHEINDLIN, District Judge.
I. INTRODUCTION
Appellant, Treber Realty LLC (“Tre-ber”), is the owner of a building located at 101 West 23rd Street. Treber leases (“Net Lease”) the building to 101 West 23rd Street Inc. (“the Co-Op”). The CoOp subleases the commercial space in the building to Policy Realty Corp. (“Policy”), the debtor and appellee. Treber terminated the Net Lease with the Co-Op for failure to pay its rent arrears, pursuant to an accelerated termination clause in the Net Lease. Realizing that termination of the Net Lease between the Co-Op and Treber would also…
2Cases cited19 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- In Re Sonnax Industries, Inc., Debtor. Sonnax Industries, Inc. v. Tri Component Products Corp.Court of Appeals for the Second Circuit · 1990
- Gerald W. Moody, and Jermoo's Incorporated, Debtors-In-Possession, Plaintiffs v. Amoco Oil CompanyCourt of Appeals for the Seventh Circuit · 1984
- Shugrue v. Air Line Pilots Ass'n (In re Ionosphere Clubs, Inc.)Court of Appeals for the Second Circuit · 1990
- Long Island Gynecological Services v. 1103 Stewart Avenue Associates Ltd. PartnershipAppellate Division of the Supreme Court of the State of New York · 1996
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