Midway Motor Lodge of Elk Grove v. Innkeepers' Telemanagement & Equipment Corporation
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
During the course of its reorganization under Chapter 11 of the Bankruptcy Code of 1978, Midway Motor Lodge of Elk Grove (“Elk Grove”) rejected a contract for the lease of telephones and related equipment. 11 U.S.C. § 365(a). Rejection avoids specific performance, but the' debtor assumes a financial obligation equivalent to damages for breach of contract. 11 U.S.C. § 502(g); NLRB v. Bildisco & Bildisco, 465 U.S. 513, 531, 104 S.Ct. 1188, 1199, 79 L.Ed.2d 482 (1984); Douglas G. Baird, The Elements of Bankruptcy 117-27 (rev. ed. 1993). Elk Grove said that it had no…
2Cases cited15 opinions
- Brady v. MarylandSupreme Court of the United States · 1963
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- Parklane Hosiery Co. v. ShoreSupreme Court of the United States · 1979
- Blonder-Tongue Laboratories, Inc. v. University of Illinois FoundationSupreme Court of the United States · 1971
- Weatherford v. BurseySupreme Court of the United States · 1977
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- Thickstun Bros. Equipment Co. v. Encompass Services Corp. (In Re Thickstun Bros. Equipment Co.)Bankruptcy Appellate Panel of the Sixth Circuit · 2006
- Sunbeam Products, Inc. v. Chicago American Manufacturing, LLCCourt of Appeals for the Seventh Circuit · 2012
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