Mid-Wilshire Associates v. Lomax (In Re Lomax)

OPINION

VOLINN, Bankruptcy Judge:

OVERVIEW

The debtor abandoned her leased office space two years prepetition, with 46 months remaining under the lease term. The lessor filed claims for two months past due rent owing as of the date of abandonment and for the remaining rent due under the lease term up to the date it filed its proofs of claim. Section 502(b)(6) of the Bankruptcy Code circumscribes allowance of a claim based on damages under a terminated lease that otherwise would be valid and enforceable under state law. 2 Based on § 502(b)(6), the bankruptcy court disallowed a substantial portion…