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IN RE GRAYSON-ROBINSON STORES, INC.

227 F.Supp. 609 (1964)

In the Matter of GRAYSON-ROBINSON STORES, INC., Debtor.

United States District Court S. D. New York.

March 20, 1964.

Attorney(s) appearing for the Case

Paul, Weiss, Rifkind, Wharton & Garrison, New York City, Lloyd K. Garrison, New York City, of counsel, for debtor.

Marcus & Levy, New York City, Harry C. Chashin, New York City, of counsel, for petitioners.

DAWSON, District Judge.

This is a petition to review an order dated January 24, 1964, by the Referee in Bankruptcy, which permitted the rejection of an executory contract of the debtor Grayson-Robinson Stores, Inc., after confirmation of an arrangement in proceedings under Chapter XI of the Bankruptcy Act.

The facts are not in dispute. On July 5, 1961, the debtor, Grayson-Robinson Stores, Inc., entered into an agreement with the Shoe Corporation of America...

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