Legal Opinion
In re Metro Air Northeast, Inc.
District Court, D. New York
Decided September 11, 1991No. Bankruptcy Nos. 91-21538, 91-21540PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM AND DECISION
EDWARD D. HAYES, Bankruptcy Judge.
This matter is before the Court on Metro Air Northeast, Inc. (VT)’s motion to assume a lease pursuant to 11 U.S.C. § 365. For the reasons which follow, the Debtor’s motion is denied. However, the Debtor is granted leave to reapply to assume the lease if it is able to have the lease reinstated pursuant to Vermont law.
The Debtor leases from the City of Burlington, Vermont (“the City”) a 111,300 square foot parcel of real property located at the Burlington International Airport. There is a 33,000 square foot airplane hangar constructed on…
2Cases cited8 opinions
- In Re Windmill Farms, Inc., Debtor. Vanderpark Properties, Inc. v. David L. Buchbinder, Trustee of Windmill Farms Management Company, Inc.Court of Appeals for the Ninth Circuit · 1988
- In Re Waterkist Corporation, Debtor. City of Valdez, Alaska v. Waterkist CorporationCourt of Appeals for the Ninth Circuit · 1985
- In Re Scarsdale Tires Inc.District Court, S.D. New York · 1985
- Rich-Taubman Associates v. Masterworks, Inc. (In Re Masterworks, Inc.)District Court, D. Connecticut · 1988
- Canfield v. HallSupreme Court of Vermont · 1960
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3Cited by1 opinion
- Pyramid Operating Authority, Inc. v. City of Memphis (In Re Pyramid Operating Authority, Inc.)United States Bankruptcy Court, W.D. Tennessee · 1992