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IN RE ANC RENTAL CORP., INC.

No. 01-11200(MFW).

277 B.R. 226 (2002)

In re ANC RENTAL CORPORATION, INC., et al., Debtors.

United States Bankruptcy Court, D. Delaware.

May 3, 2002.

Attorney(s) appearing for the Case

Bonnie Glantz Fatell, Mark J. Packel, Blank Rome Comisky & McCauley LLP, Wilmington, DE, Matthew Gluck, Fried, Frank, Harris, Shriver & Jacobson, New York City, for debtors.

Brendan Linehan Shannon, Sean M. Beach, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE, Duane D. Morse, Wilmer Cutler & Pickering, Tysons Corner, VA, for Official Committee of Unsecured Creditors.

Kevin Gross, Rosenthal, Monhait, Gross & Goddess, P.A., Wilmington, DE, Orla E. Collier, Benesch Friedlander Coplan & Aranoff, LLP, Columbus, OH, for Avis Rent-A-Car System, Inc.

Ian Connor Bifferato, Bifferato, Bifferato & Gentilotti, Wilmington, DE, for Hertz Corporation.

Frederick B. Rosner, Cozen and O'Connor, Wilmington, DE, Mark S. Gamell, Torre, Lentz, Gamell, Gary & Rittmaster, LLP, Jericho, NY, for Liberty Mutual Insurance Co.

Mark D. Collins, Paul N. Heath, Wilmington, DE, for Congress Financial Corp.

William P. Bowden, Ashby & Geddes, Wilmington, DE, for Lehman Brothers, Inc.

OPINION1

MARY F. WALRATH, Bankruptcy Judge.

This matter is before the Court on the Motions of the Debtors for authority to assume and assign to ANC Rental Corporation, Inc. ("ANC") certain executory contracts and leases of National Car Rental System, Inc. ("National") and to reject certain executory contracts and leases of Alamo Rent-a-Car, L.L.C. ("Alamo") at four...

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