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MATTER OF CONTINENTAL AIRLINES, INC.

Bankruptcy Nos. 90-932 through 90-984.

146 B.R. 520 (1992)

In the Matter of CONTINENTAL AIRLINES, INC., et al., Debtors.

United States Bankruptcy Court, D. Delaware.

August 6, 1992.

Attorney(s) appearing for the Case

Joseph F. Nistico, Jr., Zack A. Clement, T. Jay Thompson, Continental Airlines, Inc., Houston, Tex., Laura Davis Jones, Wilmington, Del., for debtors.

Michael Mertz, New York City, for Official Committee of Unsecured Creditors.

Todd V. Jones, Richard G. Elliott, Jr., Wilmington, Del., for First Fidelity Bank N.A., New Jersey, Autochton Associates, L.P., State Street Bank and Trust Co. of Conn., Nat. Ass'n.

MEMORANDUM OPINION AND ORDER

HELEN S. BALICK, Bankruptcy Judge.

Movants are Autochton Associates, L.P., aircraft lessor; State Street Bank and Trust Company of Connecticut, debt trustee; and First Fidelity Bank, N.A., New Jersey, Debt Participant; (collectively First Fidelity or Movants) in a leveraged aircraft lease (Lease or Transaction 4030) which has been rejected post-petition by lessee Continental Airlines, Inc. Movants seek immediate payment of an...

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