Legal Opinion

In Re Ace Mortgage Funding, LLC

United States Bankruptcy Court, D. Delaware

Decided April 27, 2011No. 19-10505Published

1Opinion of the Court

OPINION 1

CHRISTOPHER S. SONTCHI, J.

INTRODUCTION

Before the Court is a motion filed by a landlord seeking allowance and payment as an administrative expense of unpaid post-petition rent. The Chapter 7 trustee asserts two defenses to the motion: (i) a pre-petition assumption and assignment agreement released the debtor from any obligations under the lease; and (ii) any rent due under the lease is not entitled to administrative priority because the landlord changed the locks immediately after the petition date and had possession and control over the leased premises. Thus, the rent was not an…

2Cases cited2 opinions

  1. In Re Sportsman's Warehouse, Inc.United States Bankruptcy Court, D. Delaware · 2009
  2. In Re Goody's Family Clothing, Inc.United States Bankruptcy Court, D. Delaware · 2010

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