Newcastle Properties, LLC v. K & P Automotive, Inc.

MEMORANDUM OPINION & ORDER 1

JOAN B. GOTTSCHALL, District Judge.

This is an appeal from two related bankruptcy cases. 2 Appellant Newcastle Properties, LLC (“Newcastle”) was the landlord of appellee K & P Automotive, Inc. (“K & P”), a chapter 11 debtor, which was owned and managed by Ashok Parida, another chapter 11 debtor. Newcastle made claims against both K & P and Pari-da (collectively, the “debtors”) based on K & P’s alleged breach of contract and Pari-da’s breach of a guaranty of K & P’s contract. Those claims were tried jointly. The bankruptcy court, the Honorable Carol A. Doyle…