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IN RE EPISODE USA, INC.

Bankruptcy No. 96 B 40371 (JLG).

202 B.R. 691 (1996)

In re EPISODE USA, INC., Debtors.

United States Bankruptcy Court, S.D. New York.

As Amended November 20, 1996.

Attorney(s) appearing for the Case

Rosenman & Colin LLP, New York City, for Debtors.

Law Office of Leon H. Charney, New York City, for L.H. Charney Associates.

DECISION ON DEBTOR'S OBJECTION TO CLAIM OF LANDLORD UNDER LEASE GUARANTEE

JAMES L. GARRITY, Jr., Bankruptcy Judge.

Prior to filing its voluntary petition for relief under chapter 11 of title 11, United States Code (the "Bankruptcy Code"), Episode USA, Inc. ("Episode" or "debtor") guaranteed a non-debtor affiliate's performance under a lease of non-residential real property. The affiliate defaulted under the lease and vacated the premises pre-petition...

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