Legal Opinion
In Re Caribbean Petroleum Corp.
United States Bankruptcy Court, D. Delaware
Decided December 2, 2010No. 19-10504PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM OPINION
KEVIN GROSS, Bankruptcy Judge.
Introduction
Caribbean Petroleum Corporation (“CPC”), Caribbean Petroleum Refining L.P., and Gulf Petroleum Refining (Puerto Rico) (collectively, “Debtors”) have moved (the “Rejection Motion”) pursuant to 11 U.S.C. § 365 to reject any or all of its agreements with franchisees (the “Franchise Agreements”) upon the contemplated sale of substantially all of Debtors’ assets. The parties objecting to the Rejection Motion are franchisees (the “Franchisees”) who operate 184 service stations through out Puerto Rico, of which 116 are located on real…
2Cases cited16 opinions
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- Perez. v. CampbellSupreme Court of the United States · 1971
- Midlantic National Bank v. New Jersey Department of Environmental ProtectionSupreme Court of the United States · 1986
- Pic-A-State Pa, Inc. v. RenoCourt of Appeals for the Third Circuit · 1996
- Official Committee of Subordinated Bondholders v. Integrated Resources, Inc. (In Re Integrated Resources, Inc.)District Court, S.D. New York · 1992
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3Cited by5 opinions
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