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IN RE SCHENCK TOURS, INC.

No. 87-CV-1259.

75 B.R. 249 (1987)

In re SCHENCK TOURS, INC., Debtor.

United States District Court, E.D. New York.

July 15, 1987.

Attorney(s) appearing for the Case

Ballon, Stoll & Itzler, New York City, for debtor; Michael Z. Brownstein and Joseph Bartfield, of counsel.

Heller, Horowitz & Feit, P.C., New York City, for AYL Realty Corp.; Stuart A. Blander, of counsel.

DECISION AND ORDER

BRAMWELL, District Judge.

AYL Realty Corp. (AYL) appeals from an order of the United States Bankruptcy Court, Honorable Jerome Feller, dated March 3, 1987, which denied AYL's motion to be relieved from a contract to purchase certain real property belonging to the debtor Schenck Tours, Inc. (Schenck), declared the contract terminated and AYL in default, and held that Schenck was entitled to retain...

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