In re: Oldco Tire Distributors, Inc.

CourtUnited States Bankruptcy Court, D. Delaware
DecidedNovember 7, 2025
Docket24-12391
StatusUnknown

This text of In re: Oldco Tire Distributors, Inc. (In re: Oldco Tire Distributors, Inc.) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, D. Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re: Oldco Tire Distributors, Inc., (Del. 2025).

Opinion

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Chapter 11

Oldco Tire Distributors, Inc., Case No. 24-12391 (CTG)

Post-Effective Date Debtor. Related Docket No. 1203, 1305 MEMORANDUM OPINION The lead debtor in this bankruptcy case was American Tire Distributors, Inc., among the largest replacement tire distributors in North America.1 In these bankruptcy cases, the debtors sold substantially all of their assets to their prepetition lenders for approximately $600 million. The Court approved that sale in an order entered on February 11, 2025. The sale closed on February 28, 2025. As is not uncommon in modern chapter 11 practice, the sale to the buyer closed before the buyer had determined which of the debtors’ leased premises it planned to keep.2 The agreement therefore granted the buyer “designation rights” – the authority to direct the debtors either to assume and assign to the buyer, or to reject, the debtors’ leases. After the closing of the sale, the buyer decided to have the debtors reject the

lease on two facilities – one in Lincolnton, North Carolina and another in Mauldin, South Carolina. Following the procedures the Court had approved, on May 5, 2025, the debtors filed a notice providing for the rejection of the lease in question. The

1 D.I. 15 at 1. The Court relies on the first-day declaration in this case only for this background – not for any fact that is material to its resolution of the dispute before it. 2 Asphalt Buyer II LLC is referred to as the “buyer.” parties have stipulated that the rejection of the lease was effective as of May 30, 2025 (the date on which the debtors’ confirmed plan became effective). Under the terms of the lease, the debtors were required, when the lease

terminated, to remove all equipment and hazardous materials from the facility. The debtors did not – leaving behind, among other things, forklifts, racks, and a 55-gallon drum labeled as containing hazardous materials. The landlord accordingly incurred almost $125,000 in expenses in removing the equipment and materials.3 The landlord’s entitlement to be paid the rent, including the prorated real estate taxes for the period between the petition date and the effective date of the lease’s rejection, is not disputed. The parties do dispute, however, the landlord’s

asserted administrative claim against the bankruptcy estate for the cost of removing the equipment and hazardous materials from its facilities. Alternatively, the landlord asserts a claim against the buyer. The landlord argues that once the sale closed, the buyer owned the materials that were on its premises. And by effectively dumping equipment that the buyer owned in the landlord’s facility, the landlord contends that the buyer committed a trespass for which it is liable under state tort

law. The landlord’s motion for an allowed administrative claim against the estate will be denied. There is extensive caselaw in this jurisdiction holding that when a lease is rejected, a claim for breach of a contractual obligation to leave the premises in “broom swept” or other specified conditions is a rejection damages claim that

3 HEF NC SC QRS 14-86 Inc. is referred to as the “landlord.” becomes a prepetition claim under § 502(g) of the Bankruptcy Code. The landlord makes a technical argument that here, the date when the equipment was left upon the surrender of the premises was before the effective date of the lease’s rejection. On

that basis, the landlord argues that its claim is covered by § 365(d)(3), which requires a trustee to perform its post-petition obligations under a lease during the “limbo” period between the petition date and the time a lease is rejected. That contention is incorrect. As the extensive caselaw on the issue demonstrates, a claim for violation of a “return condition” provision of a lease is paradigmatically a claim that is incident to the rejection of the lease. For that reason, § 502(g) speaks directly to the treatment of such a claim, and controls over the more general provision of § 365(d)(3).

The landlord also argues that it should have an administrative claim against the estate under the ordinary application of the test for the allowance of an administrative claim under § 503(b)(1). It is true that if the tenant damages the property on a post-petition basis, the landlord would have an administrative claim for those damages. And it might follow from that proposition that if the debtor’s actions during the post-petition period left the premises in worse condition than they

were in on the petition date, such that the landlord incurred greater clean-up costs as a result of the debtor’s post-petition conduct, that the incremental costs caused by the post-petition conduct would likewise be an administrative expense. The Court need not, however, resolve that question, as there is nothing in the record to suggest that the condition of the premises on the date of rejection was different from the condition on the petition date. The landlord’s claim against the buyer raises an interesting question of subject-matter jurisdiction, as it is a post-confirmation claim between non-debtors without any effect on the bankruptcy estate. The landlord argues that because of the

close relationship between the sale order and the confirmation order, this claim is one that satisfies the “close nexus” test regarding the scope of the related-to jurisdiction. The effort to tie the landlord’s claim against the buyer to the sale order, however, is ultimately unpersuasive. The only basis for subject-matter jurisdiction over the landlord’s claim would be supplemental jurisdiction. It is clear, however, that under existing law such jurisdiction does not apply in bankruptcy. The landlord’s claim against the buyer will accordingly be dismissed for lack of subject-matter jurisdiction.

Factual and Procedural Background The parties to this dispute helpfully stipulated as to the admissibility of various exhibits, including witness declarations.4 None of the material facts is in dispute. The debtor and the landlord were parties to a lease covering two facilities – one in Lincolnton, North Carolina and the other in Mauldin, South Carolina.5 The lease provides that upon “the expiration or earlier termination of this Lease,” the

“Tenant shall (a) remove from the Leased Premises … all property which is owned by

4 See Oct. 23, 2025 Hr’g Tr. at 5. 5 Landlord Ex. 7. The landlord’s counterparty on the March 2002 lease is Heafner Tire Group, Inc. Landlord states (without contradiction) that debtor American Tire Distributors, Inc. is the successor to Heafner Tire Group Inc. D.I. 1305 at 4-5. Tenant or third parties other than Landlord and (b) repair any damage caused by such removal.”6 The debtors filed these bankruptcy cases in October 2024.7 Within a week of

the filing, the debtors moved to sell substantially all of their assets.8 The Court approved the sale to the buyer in February 2025.9 The sale closed later that month.10 Earlier in the case, the Court had entered an order addressed to the procedures for rejecting executory contracts. The order provides that the debtors may serve a rejection notice on the contractual counterparty, setting forth the contracts to be rejected and the effective date of the proposed rejection.11 The procedures go on to state that a party that objects to the rejection of their lease may file an objection

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