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IN RE AMES DEPT. STORES, INC.

Bankruptcy Nos. 90-11233 through 11285 (JAG), Adv. No. 91-6699A.

148 B.R. 756 (1993)

In re: AMES DEPARTMENT STORES, INC., Eastern Retailers Service Corporation, et al., Debtors. BOND STREET ASSOCIATES LIMITED, Plaintiff, v. The TJX COMPANIES, INC., Defendants.

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

January 12, 1993.

Attorney(s) appearing for the Case

Luc A. Despins, Skadden, Arps, Slate, Meagher & Flom, New York City, for debtor.

Samuel Kirschenbaum, Kirschenbaum & Kirschenbaum, P.C., Garden City, N.Y., for plaintiff.

Douglas H. Meal, Ropes & Gray, Boston, Mass., for defendants.

MEMORANDUM OF DECISION

JAMES A. GOODMAN, Bankruptcy Judge.

The question presented to this Court is whether The TJX Companies, Inc. ("TJX") remains liable for certain lease obligations to Bond Street Associates, Limited ("Bond Street"), in light of developments in the bankruptcy of Ames Department Stores, Inc. ("Ames"), an assignee of TJX. By a lease dated April 8, 1985 (the "Lease"), Bond Street's predecessors in interest leased certain real property located...

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