Katz v. Weil

THORNBERRY, Circuit Judge:

This case enmeshes the court and the parties in the labyrinth of bankruptcy — specifically Chapter XII Real Property Arrangements. The cast of characters has grown with each repeated, although vain, attempt to breathe life into the debtor’s failing financial condition. In 1973, Barbara Garfinkle acquired title to the fee interest of the Eden Roc Hotel from Samuel Cohen. At the same time she acquired the lessee’s interest in the property by an assignment of the interest of Morris Lans-burgh, who held a 999-year lease on the hotel. When Barbara acquired the fee and the…