In re St. Lawrence Corp.

ELR Citation: ELR 20612
No(s). 98-50249 SAS (D.N.J. May 23, 2000)

The court holds that a bankruptcy court correctly allowed a Chapter 7 trustee to abandon real property of the bankruptcy estate over a state environmental agency's objection. The agency argued that although a trustee may abandon property of an estate that is burdensome or of inconsequential value an...