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IN RE NATIONAL PARAGON CORPORATION

Civ. A. No. 86-1702.

74 B.R. 180 (1987)

In re NATIONAL PARAGON CORPORATION.

United States District Court, E.D. Pennsylvania.

March 18, 1987.

Attorney(s) appearing for the Case

Douglas H. Weiss, Philadelphia, Pa., for debtor.

Charles M. Golden, Philadelphia, Pa., for Creditors Committee.

Marvin Krasny Philadelphia, Pa., for Allomatic Ind., Inc.

Thomas A. Guise, Philadelphia, Pa., Deputy in Charge of Bky. Operations.

MEMORANDUM AND ORDER

DITTER, District Judge.

Debtor appeals an order of the bankruptcy court concluding that the debtor's motion to assume an unexpired lease was ineffective because the court had failed to approve the assumption within the time period provided by section 365(d)(4) of the Bankruptcy Code, 11 U.S.C. § 365(d)(4)

That section provides:

if the trustee does not assume or reject an unexpired lease of nonresidential real property...

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