Landlords Want Goody's Stub Rent Case In 3rd Circ.

Law360, New York (June 24, 2009, 12:00 AM EDT) -- A group of landlords holding leases on Goody's LLC outlets wants a federal appeals court to determine whether their claims for stub rent should be dealt with as administrative or unsecured claims by the bankruptcy court overseeing the liquidation.

In a motion filed in the U.S. District Court for the District of Delaware, the landlords, including Diversified Realty Corp., PICOA Inc. and E&A Acquisition Two LP, say that they have come to terms with Goody's on the amount of money they will recover on their stub...
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