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IN RE JEWELCOR INC.

Bankruptcy Nos. 1-91-00140 to 1-91-00154.

178 B.R. 640 (1995)

In re JEWELCOR INCORPORATED, Jewelcor Jewelers and Distributors, Inc., Gruen Marketing Corp., Osaka Trading Company, Gruen Precision, Inc., Showroom Reality Co., Inc., Catalog Reality, Inc., S.H. Holdings, Inc., JC Acquisition Corp., Just Watches, Ltd., Robert J. Tabakow, Inc., Guildcraft Precision, Ltd., Panther Manufacturing, Ltd., LT, Inc. and JJ & D Realty Co., Inc., Debtors-In-Possession.

United States Bankruptcy Court, M.D. Pennsylvania, Wilkes-Barre Division.

January 4, 1995.

Attorney(s) appearing for the Case

Steven P. Roth, Wilkes-Barre, PA, Alex J. Nobile, Exeter, PA, for debtors.

Robert Nowalis, Wilkes-Barre, PA, for M & G Equities.

Edgar H. Booth, New York City, for Unsec. Cred. Committee.

OPINION AND ORDER

JOHN J. THOMAS, Bankruptcy Judge.

The consolidated Debtor, Jewelcor, has filed a Motion to Assume an Executory Contract, that is, a certain lease with M & G Equities. M & G has countered with a Motion to Compel Rejection of the Lease and a Motion to Compel Payment of Administrative Rent. Also pending between the parties, but not yet heard by the Court, is a Motion of Jewelcor to Compel Specific Performance of an oral settlement...

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