Legal Opinion
Newman v. McCrory Corp. (In Re McCrory Corp.)
District Court, S.D. New York
Decided July 31, 1997No. 96 Civ. 4576 (DC)PublishedCited by 31 opinions
1Opinion of the Court
OPINION
CHIN, District Judge.
In this bankruptcy appeal, the debtor McCrory Corporation (“McCrory”) obtained an order from the bankruptcy court authorizing it to reject certain leases effective February 5, 1996. McCrory had been required under the leases to pay real estate taxes. Just a few days before the rejection date, however, real estate taxes for the entire year became due. The issue presented is whether, under § 365(d)(3) of the Bankruptcy Code, McCrory was obligated to pay the full year’s taxes or just a prorated amount. The bankruptcy court (Blackshear, J.) held that McCrory was…
2Cases cited33 opinions
- Granfinanciera, S.A. v. NordbergSupreme Court of the United States · 1989
- Dewsnup v. TimmSupreme Court of the United States · 1992
- American United Mutual Life Insurance v. City of Avon ParkSupreme Court of the United States · 1940
- In Re Klein Sleep Products, Inc., Debtor. Nostas Associates v. Bernard W. Costich, Chapter 11 Trustee, and Official Committee of Unsecured CreditorsCourt of Appeals for the Second Circuit · 1996
- In Re Ionosphere Clubs, Inc.Court of Appeals for the Second Circuit · 1990
28 more not listed; retrieve them via the Exa API.
3Cited by31 opinions
- In Re: Koenig Sporting Goods, Inc., Debtor. Koenig Sporting Goods, Inc. v. Morse Road CompanyCourt of Appeals for the Sixth Circuit · 2000
- In the Matter of Handy Andy Home Improvement Centers, Inc., Debtor-Appellee. Appeal of National Terminals CorporationCourt of Appeals for the Seventh Circuit · 1998
- In Re Ames Department Stores, Inc.United States Bankruptcy Court, S.D. New York · 2004
- Koenig Sporting Goods Inc. v. Morse Road Co. (In Re Koenig Sporting Goods Inc.)Bankruptcy Appellate Panel of the Sixth Circuit · 1999
- El Paso Properties Corp. v. Gonzales (In Re Furr's Supermarkets, Inc.)Bankruptcy Appellate Panel of the Tenth Circuit · 2002
26 more not listed; retrieve them via the Exa API.