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IN RE WEDTECH CORPORATION

Bankruptcy No. 86 B 12366.

72 B.R. 464 (1987)

In re WEDTECH CORPORATION, f/k/a Welbilt Electronics Die Corp., Debtor.

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

April 16, 1987.

Attorney(s) appearing for the Case

Angel & Frankel, P.C. by John H. Drucker, New York City, for debtor.

Zalkin, Rodin & Goodman by Andrew D. Gottfried, New York City, for Chemical Bank.

Laura Carraher, Mount Vernon, N.Y., for City of Mount Vernon Indus. Development Agency.

DECISION AND ORDER

HOWARD C. BUSCHMAN, III, Bankruptcy Judge.

The debtor-in-possession in this proceeding, Wedtech Corp. ("Wedtech" or the "Debtor"), seeks an extension of the 60-day time period, provided for in § 365(d)(4) of the Bankruptcy Code, 11 U.S.C. § 365(d)(4) (1987) (the "Code"), in which it must assume or reject two leases of non-residential real property located respectively in the Bronx, New...

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