In Re Hanson Oil Co., Inc.
United States Bankruptcy Court, S.D. Illinois
1Opinion of the Court
MEMORANDUM AND ORDER
KENNETH J. MEYERS, Bankruptcy Judge.
This matter is before the Court to consider the validity of a notice of rejection of lease filed by lessors of an oil and gas lease owned in part and operated by debt- or, Hanson Oil Co., Inc. Lessors allege that the trustee in bankruptcy has failed to assume or reject such oil and gas lease within 60 days as required by § 365(d)(4) of the Bankruptcy Code. Lessors assert, therefore, that debtor’s interest in the oil and gas lease must be deemed rejected.
Section 365(d)(4) provides in pertinent part:... [I]n a case under any chapter of…
2Cases cited15 opinions
- Ohio Oil Co. v. DaugheteeIllinois Supreme Court · 1909
- Shell Oil Co. v. Anne Cara Oil Co. (In Re Anne Cara Oil Co.)United States Bankruptcy Court, D. Massachusetts · 1983
- Transcontinental Oil Co. v. EmmersonIllinois Supreme Court · 1921
- Central Standard Life Insurance v. GardnerIllinois Supreme Court · 1959
- Dethloff v. Zeigler Coal Co.Illinois Supreme Court · 1980
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3Cited by5 opinions
- In the Matter of Topco, Inc., Debtor. River Production, Co., Inc. v. Jack M. Webb, TrusteeCourt of Appeals for the Fifth Circuit · 1990
- In Re Resource Technology Corp.United States Bankruptcy Court, N.D. Illinois · 2000
- Karnes v. Salem National Bank (In Re Fullop)United States Bankruptcy Court, S.D. Illinois · 1990
- In Re Frederick Petroleum Corp.District Court, S.D. Ohio · 1989
- In re JohnsonUnited States Bankruptcy Court, S.D. Illinois · 2014