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UNITED STATES BANKRUPTCY COURT 

SOUTHERN DISTRICT OF FLORIDA 

MIAMI DIVISION 

www.flsb.uscourts.gov

In re: Case No. 20-20259-RAM 

 (Jointly Administered) 

It’Sugar FL I LLC, et al., 

 Chapter 11 

 Debtors. 

_______________________________/

DEBTOR IT’SUGAR LLC’S EXPEDITED AGREED 

MOTION TO REJECT LEASE WITH KRG PARKSIDE II, LLC 

Expedited hearing requested on April 21, 2021 at 10:00am along with other matters set

 It’Sugar LLC (the “Debtor”1

), pursuant to 11 U.S.C. § 365(d), moves this Court, on an 

agreed basis, for entry of an order authorizing the Debtor to reject an unexpired lease of 

nonresidential real property and, in support thereof, states: 

Jurisdiction and Venue 

1. This Court has jurisdiction over the Motion pursuant to 28 U.S.C. §§ 157(b) and 

1334. This is a core proceeding under 28 U.S.C. § 157(b). Venue of the Motion is proper under 

28 U.S.C. § 1408 and 1409. 

2. The statutory predicate for the relief requested herein is 11 U.S.C. § 365(d) of 11 

U.S.C. § 101 et seq. (the "Bankruptcy Code"). 

Procedural Background 

3. On September 22, 2020 (the “Petition Date”), the Debtors filed their respective 

voluntary petitions under Chapter 11 of the United States Bankruptcy Code. 

1

 The “Debtors” or “It’Sugar” shall collectively refer to It’Sugar FL I LLC, It’Sugar LLC, It’Sugar 

Atlantic City LLC, and It’Sugar FLGC LLC. 

Case 20-20259-RAM Doc 290 Filed 04/16/21 Page 1 of 5
   

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4. The Debtors are operating their business and managing their affairs as debtors-inpossession. 11 U.S.C. §§ 1107(a) and 1108. 

5. The Debtors operate as a single business and are known throughout the industry as 

It'Sugar. It'Sugar is a specialty candy retailer whose products include bulk candy, candy in giant 

packaging, and licensed and novelty items. It'Sugar’s portfolio includes approximately 100 retail 

locations across 28 states. 

6. Pursuant to a lease agreement between the Debtor, as lessee, and KRG Parkside II, 

LLC (the “Landlord”) as lessor (the “Lease”), dated June 10, 2014, the Debtor leases space located 

at 1164 Parkside Main Street, Cary, North Carolina, 27519 (the “Premises”) for the operation of 

a retail store. The Lease term is through December 31, 2025. 

7. In its business judgment, the Debtor has determined that it is in its best interest, as 

well as the best interest of the estate and its creditors, to reject the Lease and vacate the Premises. 

8. Pursuant to 11 U.S.C. § 365(a), subject to Court approval, the Debtor may “assume 

or reject any executory contract or unexpired lease of the debtor” that was entered into prepetition. 

In determining whether or not a rejection is appropriate, the Debtor must employ the traditional 

“business judgment” standard. In re Prime Motors Inns, 124 B.R. 378 (Bankr. S.D. Fla.). In Prime 

Motors Inns, the Court held that the “[d]ebtor-in-possession’s rejection of an executory contract is 

proper if it would be advantageous to debtor’s estate.” 

9. The Debtor, in its business judgment, believes that it is in the best interest of the 

Debtor, its estate and creditors that the Lease be rejected as it is burdensome and unnecessary to 

the Debtors and their operations. By agreement with the Landlord, the Debtor vacated the property 

and turned over possession to the Landlord on March 17, 2021. 

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WHEREFORE, the Debtor respectfully requests that this Court enter an Order authorizing 

the Debtor to reject the Lease effective as of March 17, 2021 and granting such further relief this 

Court deems just and proper. 

CERTIFICATE OF SERVICE 

I HEREBY CERTIFY that a true and correct copy of the foregoing was served on April 

16, 2021, via the Court’s Notice of Electronic Filing on those parties listed on the attached Exhibit 

1; via electronic mail upon Mark Bogdanowicz, Esq., Howard & Howard, 211 Fulton St., Ste. 600, 

Peoria, IL 61602; mbogdanowicz@howardandhoward.com; and via U.S. Mail upon: KRG 

Parkside II, LLC, Kite Realty Group, Attn: Vice President of Property Operations, 40 South 

Meridian, Suite 1100, Indianapolis, IN 46204. 

 s/ Joshua W. Dobin 

Michael S. Budwick, Esquire 

Florida Bar No. 938777 

mbudwick@melandbudwick.com

Joshua W. Dobin, Esquire 

Florida Bar No. 93696 

jdobin@melandbudwick.com 

Meaghan E. Murphy, Esquire 

Florida Bar No. 102770 

mmurphy@melandbudwick.com 

MELAND BUDWICK, P.A. 

3200 Southeast Financial Center 

200 South Biscayne Boulevard 

Miami, Florida 33131 

Telephone: (305) 358-6363 

Telecopy: (305) 358-1221 

Attorneys for Debtors 

Case 20-20259-RAM Doc 290 Filed 04/16/21 Page 3 of 5
EXHIBIT 1 

Electronic Mail Notice List

The following is the list of parties who are currently on the list to receive email notice/service 

for this case. 

 Joaquin J Alemany joaquin.alemany@hklaw.com, jose.casal@hklaw.com 

 Scott Andron sandron@broward.org, swulfekuhle@broward.org 

 Joseph H Baldiga bankrupt@mirickoconnell.com 

 Brian S Behar bsb@bgglaw.net 

 David M Blau dblau@clarkhill.com 

 Michael S Budwick mbudwick@melandbudwick.com, 

ltannenbaum@melandbudwick.com;mrbnefs@yahoo.com;mbudwick@ecf.courtdrive.co

m;ltannenbaum@ecf.courtdrive.com;phornia@ecf.courtdrive.com 

 Andrew S Conway aconway@taubman.com 

 Ryan E Davis rdavis@whww.com, 

thiggens@whww.com;thiggens@ecf.courtdrive.com 

 Joshua W Dobin jdobin@melandbudwick.com, 

ltannenbaum@melandbudwick.com;mrbnefs@yahoo.com;ltannenbaum@ecf.courtdrive.c

om;jdobin@ecf.courtdrive.com;ltannenbaum@ecf.courtdrive.com;phornia@ecf.courtdriv

e.com 

 Kate Foley kfoley@mirickoconnell.com 

 Robert C Furr ltitus@furrcohen.com, 

atty_furrcohen@bluestylus.com;cworkinger@furrcohen.com;staff1@furrcohen.com 

 Daniel Gielchinsky dan@dyglaw.com, tatiana@dyglaw.com 

 Ronald E Gold rgold@fbtlaw.com, eseverini@fbtlaw.com;khardison@fbtlaw.com 

 Eric S. Golden egolden@burr.com, jmorgan@burr.com 

 Ilyse M. Homer ihomer@bergersingerman.com, 

efile@bergersingerman.com;mdiaz@bergersingerman.com;efile@ecf.inforuptcy.com 

 Jeannie Kim jekim@sheppardmullin.com, dgatmen@sheppardmullin.com 

 Ian J Kukoff ian.kukoff@blaxgray.com, 

kukoff.assistant@blaxgray.com;isabel.colleran@blaxgray.com 

 David Kupetz dkupetz@sulmeyerlaw.com 

 Robert L LeHane kdwbankruptcydepartment@kelleydrye.com 

 Ilan Markus imarkus@barclaydamon.com, docketing@barclaydamon.com 

 James C. Moon jmoon@melandbudwick.com, 

ltannenbaum@melandbudwick.com;mrbnefs@yahoo.com;jmoon@ecf.courtdrive.com;lta

nnenbaum@ecf.courtdrive.com;phornia@ecf.courtdrive.com 

 Kevin S Neiman kevin@ksnpc.com 

 Ari Newman newmanar@gtlaw.com, 

perezan@gtlaw.com;mialitdock@gtlaw.com;miaecfbky@gtlaw.com 

 Office of the US Trustee USTPRegion21.MM.ECF@usdoj.gov 

 Chad S Paiva trustee.paiva@gmail.com, 

michaelbollingpa@gmail.com,sramirez.fbp@gmail.com 

Case 20-20259-RAM Doc 290 Filed 04/16/21 Page 4 of 5
 Kristen N Pate bk@brookfieldpropertiesretail.com 

 Hampton Peterson legalservices@PBCTax.com 

 Michael S Provenzale michael.provenzale@lowndes-law.com, anne.fisher@lowndeslaw.com 

 Heather L. Ries hries@foxrothschild.com, ralbert@foxrothschild.com 

 Grace E. Robson grobson@mrthlaw.com, 

mrthbkc@gmail.com,lgener@mrthlaw.com,grobson@ecf.courtdrive.com

 Maria A. Santos maria.santos@ct.gov 

 Steven D Schneiderman Steven.D.Schneiderman@usdoj.gov 

 Eric J Silver esilver@stearnsweaver.com, 

jless@stearnsweaver.com;larrazola@stearnsweaver.com;cgraver@stearnsweaver.com;mf

ernandez@stearnsweaver.com;Atty_arrazola@bluestylus.com 

 Steven J. Solomon steven.solomon@gray-robinson.com, Ana.Marmanillo@grayrobinson.com;Amador.Ruiz-Baliu@gray-robinson.com 

 Louis G Spencer louis@alexanderricks.com, dana@alexanderricks.com 

 Ronald M Tucker rtucker@simon.com, 

cmartin@simon.com;bankruptcy@simon.com 

 Michael S Waskiewicz mwaskiewicz@burr.com, sguest@burr.com 

 Gillian D Williston gillian.williston@troutman.com, 

fslecfintake@troutman.com;ethan.ostroff@troutman.com;richard.hagerty@troutman.com

;carter.nichols@troutman.com;christina.lesko@troutman.com 

 Stuart F Wilson-Patton stuart.wilson-patton@ag.tn.gov 

Case 20-20259-RAM Doc 290 Filed 04/16/21 Page 5 of 5