KREBS CHRYSLER-PLYMOUTH v. VALLEY MOTORS

Nos. 96-3702, 96-3757.

141 F.3d 490 (1998)

KREBS CHRYSLER-PLYMOUTH, INC., Appellant in 96-3702, v. VALLEY MOTORS, INC., d/b/a Rea MOTORS; Office of the U.S. Trustee; Ronald J. Charapp; American Auto Sales Inc., t/d/b/a Wilkinsburg Rambler, Inc.; Chrysler Corporation; General Motors Acceptance Corporation; Benke Motors, Inc.; Verona Motor Sales, Inc., Stephen I. Goldring. KREBS CHRYSLER-PLYMOUTH, INC., v. VALLEY MOTORS, INC., d/b/a Rea Motors; Office of the U.S. Trustee; Ronald J. Charapp; American Auto Sales Inc., T/D/B/A Wilkinsburg Rambler, Inc.; Chrysler Corporation; General Motors Acceptance Corporation; Benke Motors, Inc.; Verona Motor Sales, Inc., Stephen I. Goldring Chrysler Corporation, Appellant in 96-3757.

United States Court of Appeals, Third Circuit.

Decided April 10, 1998.


Attorney(s) appearing for the Case

Thomas E. Reilly, Davis & Reilly, Pittsburgh, PA, for Krebs Chrysler-Plymouth, Inc.

James F.B. Daniels (argued), Kansas City, MO, for Chrysler Corporation and Krebs Chrysler-Plymouth, Inc.

David E. Tungate (argued), Eckert, Seamans, Cherin & Mellott, Pittsburgh, PA, for General Motors Acceptance Corporation.

Before: NYGAARD and ALITO, Circuit Judges, and DEBEVOISE, District Judge.


OPINION OF THE COURT

NYGAARD, Circuit Judge.

Appellants, Krebs Chrysler-Plymouth, Inc. and Chrysler Corporation, challenge a bankruptcy court's order denying their motions to reconsider, alter, or amend its prior decisions. Those decisions approved the rejection of a buy-sell agreement between debtor Valley Motors, Inc. and Krebs and the subsequent assumption and auction sale of the underlying franchises. In response to Chrysler's appeal, General Motors...

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