District Court, S.D. New York October 14, 1992, 92 Civ. 4994 (VLB), Bankruptcy No. 92 B 20887 (HS) (Edward J. Debartolo Corp. v. Child World, Inc. (In Re Child World, Inc.))

VINCENT L. BRODERICK, District Judge.

I

Appellants in this case challenge the authority of the Bankruptcy Court in a Chapter 11 case to grant the debtor

ex parte

extensions (a) of time to pay rent for up to 60 days and (b) of time to assume or to reject leases until confirmation of a plan of reorganization under Chapter 11, in both cases subject to reversal or modification upon application of the