IN RE CIRCLE K CORP.

Bankruptcy Nos. B-90-5052-PHX-GBN to B-90-5075-PHX-GBN.

137 B.R. 346 (1992)

In re The CIRCLE K CORPORATION; Circle K Convenience Stores, Inc.; Circle K Management Company; Lar-Lin, Inc.; First Circle Properties, Inc.; Utotem, Inc.; Utotem Markets of Arizona, Inc.; U Totem of Alabama, Inc.; U-Tote'M of Colorado Inc.; U-Tote'M of Miami, Inc.; Tic Toc Systems, Inc.; Monterre Properties, Inc.; Shop & Go, Inc.; Circle K General, Inc.; Circle K Hawaii, Inc.; Combined Aviation Co.; Charter Marketing Company (Connecticut); Charter Marketing Company; Mr. B's Oil Co., Inc.; Mr. B's Food Mart, Inc.; NPI Corporation; Old Colony Petroleum Company, Inc.; New England Petroleum Distributors, Inc.; and 44th Street & Camelback Limited Partnership, Debtors.

United States Bankruptcy Court, D. Arizona.

March 5, 1992.


Attorney(s) appearing for the Case

D.J. Baker, Weil, Gotshal & Manges, Houston, Tex., John J. Dawson, Streich Lang, Phoenix, Ariz., Tad R. Smith, Kemp, Smith, Duncan & Hammond, El Paso, Tex., for debtors.

Deborah M. Buell, Cleary, Gottlieb, Steen & Hamilton, New York City, for Official Unsecured Creditors' Committee.

Steven E. Sherman, Shearman & Sterling, San Francisco, Cal., for Citibank, N.A.

Martin F. Brecker, Anderson Kill Olick & Oshinsky, P.C., New York City, for Official Debentures Holders Committee.

William L. Novotny, Mariscal, Weeks, McIntyre & Friedlander, P.A., Phoenix, Ariz., for Senior Secured Noteholders.

Sam B. Cobb, Jr., Tyler, Tex., for Dan Matise.

William C. Kellough, Boone, Smith, Davis, Hurst & Dickman, Tulsa, Okl., for McCoy/Barbre applicants.

Frederic Dorwart, Tulsa, Okl., for Calco.

Adrianne Kalyna, Phoenix, Ariz., U.S. Trustee.


ORDER

GEORGE B. NIELSEN, Jr., Bankruptcy Judge.

Since the petition filing, debtors rejected a number of leases of convenience store properties and have abandoned, with Court approval, certain estate property.

Applications for administrative expense priority were filed by landlords of three of the rejected leases. The properties will be referenced as the "McCoy/Barbre Property" located in Tulsa, Oklahoma...

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