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IN RE III ENTERPRISES, INC. V

Bankruptcy No. 93-15932DAS.

163 B.R. 453 (1994)

In re III ENTERPRISES, INC. V, Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

February 3, 1994.

Attorney(s) appearing for the Case

Frank J. Perch, III, Spector Gadon & Rosen, P.C., Philadelphia, PA, for debtor.

J. Gregg Miller, Pepper, Hamilton & Scheetz, Philadelphia, PA, for Pueblo Chemical, Inc.

Robert T. Vance, Jr., Vance, Jackson, Simpson & Vance-Lewis, Philadelphia, PA, for United Bank.

Francis M. Correll, Jr., Klehr, Harrison, Harvey, Branzburg & Ellers, Philadelphia, PA, for First Executive Bank.

Walter J. Greenhalgh, Newark, NJ, for Citibank.

Ellen M. McDowell, Drinker Biddle & Reath, Philadelphia, PA, for RTC.

Frederic Baker, Philadelphia, PA, Ass't. U.S. Trustee.

OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

A. INTRODUCTION

Presently before the court is the motion of III ENTERPRISES, INC. V ("the Debtor") requesting this court to find that no binding contracts exists, or, alternatively, to reject the purported executory contract ("the Motion"), between it and Pueblo Chemical, Inc. ("Pueblo"). Resolution of the Motion requires us to initially analyze and apply certain fundamental principles of contract...

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