IN RE SOUTHEASTERN TRUCK BODY AND TRAILER CORPORATION

Bankruptcy Nos. 3-79-00699, 3-79-0030.

6 B.R. 730 (1980)

In re SOUTHEASTERN TRUCK BODY AND TRAILER CORPORATION. MATLOCK TRUCK BODY & TRAILER CORPORATION, Plaintiff, v. Leon STEINBERG, Trustee and City and County Bank of Knox County, Defendants.

United States District Court, E.D. Tennessee, N.D.

April 21, 1980.


Attorney(s) appearing for the Case

Richard Stair, Jr., Knoxville, Tenn., for Southeastern.

George Legg, Knoxville, Tenn., for Matlock Truck.

Leon Steinberg, Trustee, Knoxville, Tenn., serving as own attorney.

Richard E. Faires, Knoxville, Tenn., for City and County Bank.


MEMORANDUM

ROBERT L. TAYLOR, District Judge.

This is an appeal from the decision of the Bankruptcy Judge approving an assignment by the trustee in bankruptcy of rights under a sublease pursuant to 11 U.S.C. Section 365. The issues have been fully briefed and oral arguments heard.

The appellant in this case subleased certain real property to a company organized by the sublessor's former employees. The sublease, which was entered into prior to enactment...

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