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IN RE MCORP FINANCIAL, INC.

Bankruptcy Nos. 89-02312-H3-11, 89-02324-H5-11, 89-02848-H2-11 and 89-02312-H3-11.

122 B.R. 49 (1990)

In re: MCORP FINANCIAL, INC., MCorp Management, and MCorp, Debtors.

United States Bankruptcy Court, S.D. Texas, Houston Division.

April 30, 1990.

Attorney(s) appearing for the Case

D.J. Baker, Houston, Tex., for debtors.

John Flowers, Locke, Purnell, Rain & Harrell, Dallas, Tex., for Principal Mut. Life Ins. Co.

MEMORANDUM OPINION

LETITIA Z. CLARK, Bankruptcy Judge.

Debtor MCorp has moved to Reject Lease/Contract with Tower Center Development Associates, Ltd. Partnership ("Tower Center"). Principal Mutual Life Insurance Company ("Principal Mutual") opposes, claiming the agreement is not a lease or executory contract subject to rejection. After considering the evidence, briefs, and argument of counsel, the court concludes Principal Mutual is correct, and issues the...

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