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IN RE SAMBO'S RESTAURANTS, INC.

Bankruptcy No. 81-15593(CA).

24 B.R. 755 (1982)

In re SAMBO'S RESTAURANTS, INC., Debtor.

United States Bankruptcy Court, C.D. California.

November 19, 1982.

Attorney(s) appearing for the Case

Louis W. Levit, Levit & Miller, Ltd., Chicago, Ill., Mary Ellen Baldridge, Coskey, Coskey & Boxer, Los Angeles, Cal., for Net Realty Trust.

Isaac M. Pachulski and George C. Webster, II, Stutman, Treister & Glatt, Los Angeles, Cal., for Sambo's Restaurants, Inc.

MEMORANDUM OF DECISION

CALVIN K. ASHLAND, Bankruptcy Judge.

Net Realty Trust (Net) is the lessor under the separate leases for ten separate locations which Sambo's Restaurants, Inc. (SRI) used for restaurant operations. Before this Chapter 11 case was filed, SRI closed two locations. It continues to operate eight locations and pays the rental and other charges due under the leases on those locations on a timely basis.

The Net leases provide that...

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