19 Court Street Associates, LLC v. Resolution Trust Corp. (In Re 19 Court Street Associates, LLC)
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM OF DECISION ON MOTIONS BY DEFENDANTS TO DISMISS THE CLAIMS FOR RELIEF IN THE ADVERSARY PROCEEDING
ARTHUR J. GONZALEZ, Bankruptcy Judge.
FACTS
19 Court Street (“Court Street”), a limited liability company, filed a Chapter 11 petition on August 21,1995.
In 1985, the Prince George Company (“Prince George”) was the owner of the premises known as the Prince George Hotel (the “Premises”). In 1985, Prince George entered into a mortgage (the “Mortgage”) •with Colonial Savings & Loan Association (“Colonial”). In 1991, Prince George defaulted on the Mortgage and Colonial’s successor, Coreast…
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