Legal Opinion
In Re Sheffield Oil Co., Inc.
United States Bankruptcy Court, M.D. Alabama
Decided November 29, 1993No. 19-10173PublishedCited by 1 opinion
1Opinion of the Court
OPINION ON OBJECTIONS TO ABANDONMENT AND REJECTION OF EXECUTORY CONTRACTS
A. POPE GORDON, Bankruptcy Judge.
The trustee filed a notice under 11 U.S.C. § 554(a) of intent to abandon any interest of the debtor in 110 underground petroleum storage tanks located in Alabama. 1
The trustee simultaneously filed a motion under 11 U.S.C. § 365 to reject executory contracts or unexpired leases relating to these tanks. 2
The underground storage tanks are located on 45 different sites in Alabama. The debtor does not own any of the sites on which the tanks are located.
The landowners of four of the sites on…
2Cases cited2 opinions
- Midlantic National Bank v. New Jersey Department of Environmental ProtectionSupreme Court of the United States · 1986
- Borden, Inc. v. Wells-Fargo Business Credit (In re Smith-Douglass, Inc.)Court of Appeals for the Fourth Circuit · 1988
3Cited by1 opinion
- In re HowardUnited States Bankruptcy Court, S.D. Mississippi · 2015