Mcdonald's Corp. v. Stratosphere Corp.

MEMORANDUM *

McDonald’s Corporation appeals from a decision of the Bankruptcy Appellate Pan*750el affirming the bankruptcy court’s decision that (1) two pre-bankruptcy payments to McDonald’s by Stratosphere Corporation (Debtor) are avoidable preferences under 11 U.S.C. § 547(b) and that (2) McDonald’s has no claim for rejection damages stemming from Debtor’s rejection of McDonald’s lease. We affirm.

I. Whether the bankruptcy court erred in determining that McDonald’s did not have an equitable lien on the escrow account or related segregated account.

The question whether McDonald’s had a valid…