All American's Creditors Want To Hold On To Leases

Law360, New York (July 18, 2007, 12:00 AM EDT) -- The unsecured creditors of All American Semiconductor Inc. on Tuesday objected to the company’s motions to reject certain real property and equipment leases, arguing that holding on to the leases may benefit the estate.

In a motion filed in the U.S. Bankruptcy Court for the Southern District of Florida, All American’s official committee of unsecured creditors asked the court to postpone ruling on the company’s June 29 motion until it can gather more information about the leases. The bankruptcy court has scheduled a hearing for Thursday...
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