RAMCO-GERSHENSON PROPERTIES, L.P. Appellant v. SERVICE MERCHANDISE COMPANY, INC. v. Appellee.

Case No. 3:02-0889, Bankruptcy Case No. 399-02649United States Bankruptcy Court, M.D. Tennessee, Nashville Division
October 9, 2002

ORDER
THOMAS A. WISEMAN, JR., United States District Judge

This case concerns the proposed assignment of Service Merchandise Company, Inc.’s unexpired lease for store 533, located in West Oaks I Shopping Center, Novi, Michigan Service Merchandise Company, Inc. seeks to assign the lease to JLPK-Novi LLC, who propose a subsequent sublease to Michael Stores, Inc. The Bankrupcty Court’s Order dated September 6, 2002, authorizes the assignment and subsequent sublease. Before the Court is a motion for a stay of the order pending appeal in this Court, pursuant to Bankr. R. 8005, 11 U.S.C.A.

For the reasons more fully contained in the accompanying memorandum, this Court GRANTS the motion for a stay pending final disposition of the appeal.

It is so ORDERED.