Law360, New York ( August 4, 2014, 1:53 PM EDT) -- In A&F Enterprises v. IHOP Franchising LLC, 742 F.3d 764 (Seventh Cir. 2014), Chapter 11 debtors appealed a determination that their building leases were deemed rejected because they were not timely assumed. Both the bankruptcy court and the district court denied the request for a stay of the decision pending appeal. The Seventh Circuit reversed and granted the stay....
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