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In re Regal Cinemas, Inc.

United States Bankruptcy Court, M.D. Tennessee
Apr 13, 2004
No. 301-11305 (Jointly Administered) (Bankr. M.D. Tenn. Apr. 13, 2004)

Opinion

No. 301-11305 (Jointly Administered).

April 13, 2004


ORDER


In accordance with the Memorandum Opinion entered contemporaneously with this Order, the Court finds that Regal breached its agreement with LaserTron, Inc. (hereinafter "LaserTron") and Richard Roman (hereinafter "Mr. Roman") by closing the four FunScape locations before the specified term in the parties' Agreement.

IT IS, THEREFORE, ORDERED that LaserTron's claim for lost profits is allowed in the amount of $53,491.10 plus pre-judgment interest, and Mr. Roman's claim for lost profits is allowed in the amount of $42,202.52 plus pre-judgment interest. All other claims are DENIED.

As to the amount of pre-judgment interest to be allowed, if no appropriate interest rate can be agreed upon, a hearing to determine interest rate will be held. Once an interest rate is set, a final order will be entered allowing LaserTron's and Mr. Roman's claims.

IT IS SO ORDERED.


Summaries of

In re Regal Cinemas, Inc.

United States Bankruptcy Court, M.D. Tennessee
Apr 13, 2004
No. 301-11305 (Jointly Administered) (Bankr. M.D. Tenn. Apr. 13, 2004)
Case details for

In re Regal Cinemas, Inc.

Case Details

Full title:IN RE: REGAL CINEMAS, INC., et al., Chapter 11 Debtor

Court:United States Bankruptcy Court, M.D. Tennessee

Date published: Apr 13, 2004

Citations

No. 301-11305 (Jointly Administered) (Bankr. M.D. Tenn. Apr. 13, 2004)