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IN RE CARLISLE HOMES, INC.

Bankruptcy Nos. 88-01170, 88-01171, Adv. No. 88-0879.

103 B.R. 524 (1988)

In re CARLISLE HOMES, INC., Debtor-in-Possession. Glassboro Housing Associates, Debtor-in-Possession. CARLISLE HOMES, INC., and Glassboro Housing Associates, Plaintiffs, v. Eleanor B. AZZARI and Teramo Corporation, Inc., Defendants.

United States Bankruptcy Court, D. New Jersey.

December 30, 1988.

Attorney(s) appearing for the Case

Riker, Danzig, Scherer, Hyland & Perretti by Dennis J. O'Grady, Warren J. Martin, Jr., Morristown, N.J., for debtors-in-possession.

Hannold, Caulfield, Marshall & McDonnell by Walter Marshall, Jr., Woodbury, N.J., Adelman, Lavine, Gold & Levine by Gary D. Bressler, Philadelphia, Pa., for defendants, Teramo Corp. and Eleanor B. Azzari.

OPINION

ROSEMARY GAMBARDELLA, Bankruptcy Judge.

There are three matters before the court: (1) debtors' motion for summary judgment on their verified complaint to compel specific performance and for damages; (2) debtor, Glassboro Housing Associates' motion to assume a certain option contract; and (3) defendants' cross-motion for summary judgment on debtors' specific performance complaint. This court has jurisdiction over these matters pursuant to 28 U.S.C...

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