IN RE AMF BOWLING WORLDWIDE, INC.

Full title: In re AMF BOWLING WORLDWIDE, INC., et al., Chapter 11, Debtors

Court: United States Bankruptcy Court, E.D. Virginia, Richmond Division

Date published: Apr 18, 2002

Case No. 01-61119 (DHA), Jointly Administered (Bankr. E.D. Va. Apr. 18, 2002)

Opinion

Case No. 01-61119 (DHA), Jointly Administered

April 18, 2002

Dion W. Hayes, McGUIREWOODS LLP, Richmond, VA., Counsel for the Reorganized Debtors.

ORDER AUTHORIZING THE ASSUMPTION OR REJECTION OF CERTAIN UNEXPIRED LEASES OF NONRESIDENTIAL REAL PROPERTY PURSUANT TO SECTION 365 OF THE BANKRUPTCY CODE AND SECTION 8.1(a) OF DEBTORS' SECOND AMENDED SECOND MODIFIED JOINT PLAN OF REORGANIZATION UNDER CHAPTER 11 OF BANKRUPTCY CODE

DAVID H. ADAMS, United States Bankruptcy Judge

Upon the motion (the "Motion"), of the above-captioned debtors and debtors in possession (the "Debtors"), for entry of an order pursuant to section 365 of title 11 of the United States Code (the "Bankruptcy Code") and Section 8.1(a) of the Debtor's Second Amended Second Modified Joint Plan of Reorganization under Chapter 11 of Bankruptcy Code (the "Plan"), authorizing the Debtors to assume or reject certain unexpired leases of nonresidential real property; and it appearing that notice of the Motion has been given to those parties identified in the Motion; and that no other or further notice need be given; and it further appearing that the relief requested in the Motion is in the best interests of the Debtors and their estates and creditors; and it further appearing no objections have been filed to the relief set forth in this Order; and upon all of the proceedings had before the Court; and after due deliberation and sufficient cause appearing therefor; it is hereby

ORDERED, ADJUDGED AND DECREED, that:

1. The Motion is granted in the manner described below.

2. All capitalized terms used but not defined herein have the meanings ascribed to such terms in the Motion.

3. Effective as of the date of entry of this Order, the Debtors are deemed to have assumed the Leases related to the locations detailed in Exhibit B to the Motion, subject to the provisions of Section 8.2 of the Plan and subject to the terms and limitations set forth in the Motion. Specifically with respect to the Leases for Conditional Assumption as to which mortgagee consent for lease amendments is outstanding, if the subject landlords do not obtain written mortgagee consent to the particular lease amendments by the deadline set forth in the particular lease amendment, those leases shall be deemed rejected as of the deadline in the lease amendments for the obtaining of such consent.

4. As to the lease for location no. 3103 in Charlotte, North Carolina (Michael Jordan Golf Co., Inc.), the hearing on the Debtors' proposed assumption and assignment (as described in the Motion and in court) is continued until May 23, 2002 at 10:00 a.m.

5. Further, the hearing on the Debtors' rejection of the leases related to the locations listed in Exhibit C to this Motion is continued until May 23, 2002 at 10:00 a.m.

6. This Court shall retain jurisdiction over all parties to the Leases to hear and determine all matters arising from the implementation of this Order.