Getty Unit Wins $5M Judgment In Green Valley Rent Row

Law360, New York (July 6, 2012, 2:00 PM EDT) -- A New York bankruptcy judge on Friday ruled that Getty Petroleum Marketing Inc. can recover $5.2 million from Green Valley Oil LLC in a breach of contract dispute over Green Valley's failure to pay rent to the bankrupt oil company.

U.S. Bankruptcy Judge Shelley C. Chapman granted summary judgment to Getty on three counts, for breach of contract, declaratory relief and turnover, while denying it with regard to an allegation that Green Valley's failure to pay rent is a violation of the automatic bankruptcy stay....
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