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IN RE KORS, INC.

Bankruptcy No. 80-00255, Adv. No. 81-0116.

13 B.R. 683 (1981)

In re KORS, INC., Debtor. RUTLAND INDUSTRIAL DEVELOPMENT CORPORATION, Plaintiff, v. KORS, INC., Defendant.

United States Bankruptcy Court, D. Vermont.

August 27, 1981.

Attorney(s) appearing for the Case

James S. Abatiell, Rutland, Vt., for Rutland Indus. Development Corp.

Peter H. Banse and Paul S. Kulig, Rutland, Vt., for debtor.

Bernard R. Dick and William C. Dagger, Rutland, Vt., for The Howard Bank.

John Paul Faignant, Rutland, Vt., for Rextrusion Systems, Inc.

Dennis I. Greene, Boston, Mass., and Charles H. Gibbs, Jr., Charleston, S.C., for First Nat. Bank of Boston.

Michael Bancroft, Chairman of Creditors' Committee.

FINDINGS, MEMORANDUM AND ORDER

CHARLES J. MARRO, Bankruptcy Judge.

This is an adversary proceeding in which Rutland Industrial Development Corporation is seeking relief from stay or adequate protection under a Complaint filed July 14, 1981. This matter came on for hearing on July 22, 1981.

FACTS

Rutland Industrial Development Corporation as landlord and the Debtor, Kors, Inc., as tenant entered into a written Indenture of Lease dated December...

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