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IN RE PETERMAN COMPANY

Bankruptcy No. 99-50142.

232 B.R. 366 (1999)

In re The J. PETERMAN COMPANY, Debtor.

United States Bankruptcy Court, E.D. Kentucky, Lexington Division.

April 23, 1999.

Attorney(s) appearing for the Case

Gregory D. Pavey, Lexington, KY, for the debtor.

W. Thomas Bunch, Lexington, KY, for Nationscredit Distribution Finance, Inc.

James S. Carr, New York City, for Children's Place Retail Stores, Inc.

Guy M Graves, Lexington, for Chelsea CGA Realty Partnership, L.P.

W. Timothy Miller, Cincinnati, OH, for the Unsecured Creditors Committee.

Ronald Gold, Cincinnati, OH, for Heller Financial.

Wendy Ponader, Indianapolis, IN, for Paul Harris Stores.

MEMORANDUM OPINION

WILLIAM S. HOWARD, Bankruptcy Judge.

The debtor in this chapter 11 case seeks authority to assume and assign a lease of commercial real property to The Children's Place Retail Stores, Inc. ("TCP"), and objection has been filed by Chelsea CGA Realty Partnership, L.P. ("Chelsea"), the lessor of the premises. As set forth below, the debtor seeks an order of this Court modifying the terms of its lease with Chelsea as to a radius restriction...

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