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IN RE FAMILY SHOWTIME THEATRES, INC.

Bankruptcy Nos. 085-50528-21 to 085-50531-21.

67 B.R. 542 (1986)

In re FAMILY SHOWTIME THEATRES, INC., Cordamanda Development Corp., Family Showtime Theatres of Levittown, Inc., Family Showtime Theatres of Bay Parkway, Inc., Debtors.

United States Bankruptcy Court, E.D. New York.

On Motion for Stay November 25, 1986.

Attorney(s) appearing for the Case

Finkel, Goldstein & Berzow, by Harold S. Berzow, New York City, for debtors.

Shea & Gould, Daniel L. Carroll, and Michael E. Emrich, of counsel, New York City, for Toys R Us.

Curtis, Mallet-Prevost, Colt & Mosle by Lynn P. Harrison III, New York City, for Pizza Time, Inc.

OPINION

CECELIA H. GOETZ, Bankruptcy Judge:

The Court's previous opinion in this matter, In re Family Showtime Theatres, Inc., 58 B.R. 679 (Bankr.E.D.N.Y.1986) ("Family Showtime I"), left for resolution the issue of whether the debtor had proceeded with due diligence to cure its default under its lease after receiving its landlord's Notice of Default. If it did not, its lease terminated pre-petition upon transmittal...

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