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IN RE CHIPWICH, INC.

Bankruptcy No. 84 B 20346.

54 B.R. 427 (1985)

In re CHIPWICH, INC., Debtor.

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

October 24, 1985.

Attorney(s) appearing for the Case

Angel & Frankel, P.C., New York City, for debtor.

Friedman & Wittenstein, New York City, for Farmland Dairies.

DECISION ON MOTION TO REJECT FRANCHISE AND LICENSE AGREEMENTS

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The debtor in this case, Chipwich, Inc., seeks an order, pursuant to 11 U.S.C. § 365, authorizing it to reject two licensing agreements with Farmland Dairies, Inc. ("Farmland"). The debtor's motion is opposed by Farmland on the ground that the agreements are no longer executory.

FINDINGS OF FACT

1. An involuntary petition for relief...

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