Legal Opinion

In Re Episode USA, Inc.

United States Bankruptcy Court, S.D. New York

Decided November 20, 1996No. 19-10087PublishedCited by 17 opinions

1Opinion of the Court

DECISION ON DEBTOR’S OBJECTION TO CLAIM OF LANDLORD UNDER LEASE GUARANTEE

JAMES L. GARRITY, Jr., Bankruptcy Judge.

Prior to filing its voluntary petition for relief under chapter 11 of title 11, United States Code (the “Bankruptcy Code”), Episode USA, Inc. (“Episode” or “debtor”) guaranteed a non-debtor affiliate’s performance under a lease of non-residential real property. The affiliate defaulted under the lease and vacated the premises pre-petition. The landlord recovered possession of the premises post-petition. It has filed a proof of claim against the debtor on account of the guaranty. The…

2Cases cited35 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Griffin v. Oceanic Contractors, Inc.Supreme Court of the United States · 1982
  3. Trustees of the Amalgamated Insurance Fund v. McFarlin's, Inc.Court of Appeals for the Second Circuit · 1986
  4. In Re Klein Sleep Products, Inc., Debtor. Nostas Associates v. Bernard W. Costich, Chapter 11 Trustee, and Official Committee of Unsecured CreditorsCourt of Appeals for the Second Circuit · 1996
  5. Holy Properties Ltd. v. Kenneth Cole Productions, Inc.New York Court of Appeals · 1995

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3Cited by17 opinions

  1. In Re PPI Enterprises (U.S.), Inc.United States Bankruptcy Court, D. Delaware · 1998
  2. Pearl-Phil GMT (Far East) Ltd. v. Caldor Corp.District Court, S.D. New York · 2001
  3. In Re Loewen Group International, Inc.United States Bankruptcy Court, D. Delaware · 2002
  4. In Re Riodizio, Inc.United States Bankruptcy Court, S.D. New York · 1997
  5. In Re Andover Togs, Inc.United States Bankruptcy Court, S.D. New York · 1999

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