IN RE IONOSPHERE CLUBS, INC.

Nos. 96 Civ. 6899(LAK), 89 B. 10448(BRL), 89 B. 10449(BRL), 91 B. 10287(BRL).

208 B.R. 812 (1997)

In re IONOSPHERE CLUBS, INC., Eastern Air Lines, Inc. and Bar Harbor Airways, Inc. d/b/a Eastern Express, Debtors. DORAL CENTER, INC. and David J. Berger, Appellants, v. IONOSPHERE CLUBS, INC., Eastern Air Lines, Inc. and Bar Harbor Airways, Inc. d/b/a Eastern Express, Appellees.

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

May 29, 1997.


Attorney(s) appearing for the Case

Lewis N. Brown, Dyanne E. Feinberg, Gilbride, Heller & Brown, P.A., John H. Genovese, Camille A. Colella, Kelley, Drye & Warren, L.L.P., for Appellants.

William E. Kelleher, Jr., Thomas D. Maxson, William J. Dunaj, Peter F. Valori, Eckert Seamans Cherin & Mellott, for Appellee Rosal, Inc.

Daniel J. King, Paul K. Ferdinands, Stefan W. Engelhardt, King & Spalding, for Appellee Eastern Air Lines, Inc.


MEMORANDUM OPINION

KAPLAN, District Judge.

Appellants ultimately seek to purchase the Doral Computer Center ("DCC"), a commercial property located in Miami, Florida and leased by Eastern Air Lines, Inc. ("Eastern"), from whose bankruptcy this appeal emerges. They appeal from an order of the Bankruptcy Court, dated June 20, 1996, granting Eastern a limited right of first refusal to purchase the DCC. For the foregoing reasons, the order below is reversed....

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