In Re Microvideo Learning Systems, Inc.
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
DECISION ON MOTION BY SUB-LANDLORD FOR IMMEDIATE PAYMENT OF POST PETITION, PRE REJECTION NONRESIDENTIAL REAL PROPERTY RENT PAYMENTS
JEFFRY H. GALLET, Bankruptcy Judge.
INTRODUCTION
Calet, Hirsch & Ferrell, Inc. (“CH & F”) moves for an order, pursuant to § 365(d)(3) of the United States Bankruptcy Code (the “Code”) for immediate payment of outstanding post petition, pre rejection rents. 1 Microvideo Learning Systems, Inc. (the “Debtor”) opposes CH & F’s motion on the grounds that it is administratively insolvent. For the reasons set forth below, CH & F’s motion is DENIED.
BACKGROUND
The facts are…
2Cases cited50 opinions
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- In Re Pacific-Atlantic Trading Co., a California Corporation, Debtor. Edward F. Towers, Trustee v. Chickering & Gregory, a PartnershipCourt of Appeals for the Ninth Circuit · 1994
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