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DOUGLAS CORPORATION v. TJX COMPANIES, INC.

No. 90 C 4492.

141 B.R. 958 (1990)

DOUGLAS CORPORATION, an Illinois corporation, Plaintiff, v. TJX COMPANIES, INC., a Delaware corporation, Defendant.

United States District Court, N.D. Illinois, E.D.

November 20, 1990.

Attorney(s) appearing for the Case

William Edward Snyder, Michael, Best & Friedrich, Chicago, Ill., for plaintiff.

James I. Rubin, Bruce William Melton, Butler, Rubin, Newcomer, Saltarelli, Boyd & Krasnow, Chicago, Ill., for defendant.

ORDER FOR AUTOMATIC STAY AND REFERRAL TO BANKRUPTCY COURT

PARSONS, District Judge.

This action concerns a lease between the tenant, Zayre of Illinois, Inc. ("Zayre") and its lessor, Douglas Corporation. The defendant, The TJX Companies ("TJX") guaranteed Zayre's obligations under its lease with Douglas. The complaint alleges the breach of that guarantee agreement.

On September 15, 1988, Ames purchased substantially all of the assets of Zayre Stores...

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