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IN RE PETERSON'S LTD., INC.

Bankruptcy No. 82 B 11174 (PBA).

31 B.R. 524 (1983)

In re PETERSON'S LTD., INC., Debtor.

United States Bankruptcy Court, S.D. New York.

July 15, 1983.

Attorney(s) appearing for the Case

Finley, Kumble, Wagner, Heine, Underberg & Casey, New York City, for debtor and debtor-in-possession.

Carb Luria, Glassner, Cook & Kufeld, New York City, for landlord.

Winick & Rich, P.C., New York City, Counsel to the Creditors' Committee.

Jay J. Gurfein, New York City, for Rothman Bros., Inc.

PRUDENCE B. ABRAM, Bankruptcy Judge:

The debtor-in-possession seeks authority to assume and assign its lease for its store premises located at the corner of 59th Street and Park Avenue in New York City in an office building with the address of 505 Park Avenue pursuant to an offer from Rothman Bros., Inc. ("J & R"), who has offered $75,000 for the assignment. The offer is conditioned on the court's or the landlord's approval and the court's approval of the use...

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