In Re Eastern Agri-Systems, Inc.
United States Bankruptcy Court, E.D. North Carolina
1Opinion of the Court
ORDER
J. RICH LEONARD, Chief Judge.
This converted chapter 7 case is before the court on a Motion for Allowance and Payment of Lease Rejection Claim as Administrative Priority Claim under 11 U.S.C. §§ 503 and 365 filed by Financial Pacific Leasing, LLC (“FPL”). A hearing was held on August 15, 2000 in Wilmington, North Carolina.
Facts
On April 15, 1999, the debtor entered into a lease agreement with Financial Pacific Company that obligated the debtor to make sixty monthly payments of $770.19 for the lease of a 1030G Hobbes Reel and a John Deere Pump with Rainbow. The first payment under the lease…
2Cases cited8 opinions
- In Re Pacific-Atlantic Trading Co., a California Corporation, Debtor. Edward F. Towers, Trustee v. Chickering & Gregory, a PartnershipCourt of Appeals for the Ninth Circuit · 1994
- Devan v. Simon DeBartolo Group, L.P.Court of Appeals for the Fourth Circuit · 1999
- Omni Partners, L.P. v. Pudgie's Dev. of NY, Inc. (In Re Pudgie's Development of NY, Inc.)District Court, S.D. New York · 1999
- In Re Amber's Stores, Inc.United States Bankruptcy Court, N.D. Texas · 1996
- In Re Elder-Beerman Stores Corp.United States Bankruptcy Court, S.D. Ohio · 1996
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