Legal Opinion

In Re Nickels Midway Pier, LLC

Court of Appeals for the Third Circuit

Decided November 27, 2007No. 06-2671Unpublished

1Opinion of the Court

OPINION

AMBRO, Circuit Judge.

Wild Waves, LLC (“Wild Waves”) appeals the decision of the District Court that debtor Nickels Midway Pier, LLC (“Nickels”) could reject its agreement to sell a pier property to Wild Waves. It claims the sale agreement was repudiated prepetition by Nickels, and therefore was not executory and hence not eligible for rejection. Even were rejection of the sale agreement appropriate, Wild Waves maintains it was denied the protections of § 365(i) of the Bankruptcy Code for putative purchasers of real property. Wild Waves also argues that the District Court erred by…

2Cases cited10 opinions

  1. Ohio v. KovacsSupreme Court of the United States · 1985
  2. Sharon Steel Corporation v. National Fuel Gas Distribution Corporation, Intervenor: James W. Toren, TrusteeCourt of Appeals for the Third Circuit · 1989
  3. Donovan v. BachstadtSupreme Court of New Jersey · 1982
  4. Ross Systems v. Linden Dari-Delite, Inc.Supreme Court of New Jersey · 1961
  5. In Re: Ben Franklin Hotel Associates, Debtor Ben Franklin Hotel AssociatesCourt of Appeals for the Third Circuit · 1999

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