Adamian v. Texaco Refining and Marketing, Inc., Adv. No. LA 87-01930-JD (Bankr. C.D. Cal. 7-11-88) Slip Opinion

In this bankruptcy proceeding, the court found that franchisor's offer of first refusal had expired prior to franchisee's filing for Chapter 11 and, thus, the time to accept was not extended by 11 U.S.C. § 108(b). The court determined that franchisor's offer to sell was made in good faith and the normal course of business, and the fact that the offer of first refusal required franchisee to pay a commission on the sale does not constitute bad faith. It further found franchisee had not made a valid acceptance of franchisor's offer to sell because he did not make the required deposit. The court held this was not a "core" proceeding under 28 U. S. C. § 157(b)(2).