Landlords Object To Sale Of Souper Salad Leases

Law360, New York (December 1, 2011, 3:25 PM EST) -- Landlords Weingarten Realty Investors, Developers Diversified Realty Corp. and Regency Centers LP objected Wednesday to bankrupt SSI Group Holding Corp.'s plan to transfer Souper Salad restaurant leases to investors who purchased the chain at auction, expressing concern over the buyers' ability to pay.

The shopping center owners told a Delaware bankruptcy judge that SSI failed to show that the investors, who previously operated two Souper Salad franchises and use the company name LNC Ventures LLC, have the background or financing needed to meet SSI's lease obligations....
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