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FISHER v. LEE BROS. VALUE WORLD, INC.

No. 71-2665.

486 F.2d 1037 (1973)

In the Matter of the Chapter XI Bankruptcy Arrangement Proceedings of Lee Bros. Value World, Inc., a California corporation, Debtor No. 104507-SC. Jack J. FISHER and Thomas E. Burke, Appellants, v. LEE BROS. VALUE WORLD, INC., a California corporation, Appellee.

United States Court of Appeals, Ninth Circuit.

October 25, 1973.

Attorney(s) appearing for the Case

Alexander R. Imlay (argued), John J. Mullane, Jr., Kerner, Colangelo & Imlay, San Francisco, Cal., for appellants.

Marshall Cornblum (argued), Thiel, Wallace, Bolton & Cornblum, Oakland, Cal., Anixter & Aronson, Burlingame, Cal., for appellee.

Before CHAMBERS and SNEED, Circuit Judges, and FERGUSON, District Judge.

OPINION

PER CURIAM:

Value World, Inc., was the corporate subsidiary of Lee Bros., Inc. Both were California corporations. On March 20, 1963, Value World, Inc., as tenant, executed a written lease with Topaz Builders, Inc., as landlord. On the same day, Lee Bros., Inc., executed a written guaranty of the obligations of Value World, Inc., its subsidiary, under the lease. On March 1, 1965, Value World, Inc., was merged into Lee Bros., Inc., and the surviving...

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