In Re Stone Barn Manhattan LLC
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM OF DECISION
ALLAN L. GROPPER, Bankruptcy Judge.
In 1984 Congress amended § 365 of the Bankruptcy Code, 11 U.S.C § 365, to assure commercial landlords timely receipt of post-petition rent from debtors in Chapter 11 proceedings. Since then, courts have differed on the proper application of the provision, 11 U.S.C. § 365(d)(3), where a commercial lease provides for monthly payment of rent in advance (as almost all leases do) and the debtor files its petition or rejects its lease in the middle of a month (as almost all debtors do). As discussed below, in such situations, some courts…
2Cases cited28 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Griffin v. Oceanic Contractors, Inc.Supreme Court of the United States · 1982
- National Labor Relations Board v. Bildisco & BildiscoSupreme Court of the United States · 1984
- Pennsylvania Department of Public Welfare v. DavenportSupreme Court of the United States · 1990
- Trustees of the Amalgamated Insurance Fund v. McFarlin's, Inc.Court of Appeals for the Second Circuit · 1986
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