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IN RE HOMEPLACE STORES, INC.

Bankruptcy Nos. 98-8, 98-10, 98-11 and 98-12(PJW).

228 B.R. 88 (1998)

In re HOMEPLACE STORES, INC., Homeplace Stores Two, Inc., Homeplace Management, Inc., and Homeplace Holdings, Inc., Debtors.

United States Bankruptcy Court, D. Delaware.

December 4, 1998.

Attorney(s) appearing for the Case

Laura Davis Jones, Victoria Watson Counihan, Young, Conaway, Stargatt & Taylor, LLP, Wilmington, DE, Luc A. Despins, Dennis F. Dunne, Milbank, Tweed, Hadley & McCloy, New York City, for HomePlace Stores, Inc., et al., debtors and Debtor-in-Possession.

William H. Sudell, Jr., Robert J. Dehney, Gregory W. Werkheiser, Morris, Nichols, Arsht & Tunnell, Wilmington, DE, for The Official Committee of Unsecured Creditors.

Jeoffrey L. Burtch, Cooch and Taylor, Wilmington, DE, Robert J. Sidman, Terry M. Miller, Vorys, Sater, Seymour and Pease, LLP, Columbus, OH, for National City Leasing Corporation.

Stephen M. Miller, Smith, Katzenstein & Furlow, LLP, Wilmington, DE, Alan R. Lepene, Thompson, Hine & Flory, LLP, Cleveland, OH, for Maxus Leasing Group, Inc.

MEMORANDUM OPINION

PETER J. WALSH, Bankruptcy Judge.

Before the Court is the motion (Doc. # 1224) of National City Leasing Corporation ("National City") and Maxus Leasing Company ("Maxus" and, for convenience of reference, together with National City, the "Lessors") for partial summary judgment that certain agreements entered into between the Lessors and HomePlace Holdings, Inc. ("HomePlace") constitute true leases...

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