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IN RE GANTOS, INC.

Bankruptcy Nos. SG 93-85478, SG 93-85479.

176 B.R. 793 (1995)

In re GANTOS, INC., d/b/a Gantos, Gantos Boutique, Gantos Bargain Boutique, a Michigan corporation, Debtor. In re GANTOS, STORES, INC., d/b/a Gantos Finance, Inc., a Michigan corporation, Debtor.

United States Bankruptcy Court, W.D. Michigan, Southern Division.

January 17, 1995.

Attorney(s) appearing for the Case

Jones, Day, Reavis & Pogue (Corey Lipoff, Sean D. Malloy, James M. Hall and Stephen E. Hall, briefed), Chicago, IL, and Dunn, Schouten & Snoap (Thomas W. Schouten and Perry G. Pastula, briefed), Grand Rapids, MI for debtors Gantos, Inc. and Gantos Stores, Inc.

Frost & Jacobs (Stuart B. Frankel and Ronald E. Gold, briefed), Cincinnati, OH, for Debartolo Properties Management, Inc. (Wash. Square landlords).

Smith, Haughey, Rice & Roegge (Dan C. Porter, briefed), Grand Rapids, MI, for Brookfield Development, Inc. (City Center landlords).

Peper, Martin, Jensen, Maichel & Hetlage (Michael A. Clithero, briefed), St. Louis, MO, for Northwest Plaza Associates, L.P.

Jenner & Block (David Neff, briefed), Chicago, IL, for Homart Development, Inc. (Tysons and Eden Prairie Malls).

OPINION DETERMINING DAMAGE CAP PURSUANT TO 11 U.S.C. § 502(b)(6)(A)

JO ANN C. STEVENSON, Bankruptcy Judge.

Gantos, Inc. and Gantos Stores, Inc. (the "Debtors") own, operate, and manage specialty retail stores throughout the United States that offer women's apparel and accessories. Prior to bankruptcy, the Debtors operated 159 stores located primarily in suburban malls in the Midwest, Northeast, and West. Debtors initiated their respective reorganization...

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