Legal Opinion
Presque Isle Apartments, L.P. v. Landmark Savings Associates (In Re Presque Isle Apartments, L.P.)
United States Bankruptcy Court, W.D. Pennsylvania
Decided March 28, 1990No. 19-10211PublishedCited by 22 opinions
1Opinion of the Court
OPINION
WARREN W. BENTZ, Bankruptcy Judge.
Presque Isle Apartments, L.P. (“Debt- or”) filed its petition under Chapter 11 of the Bankruptcy Code on February 12,1987. Landmark Savings Association, formerly known as Second Federal Savings and Loan Association of Pittsburgh (“Landmark”) holds a first mortgage note on the debtor’s 96 unit apartment complex.
The lien position of Landmark had its genesis when Country Place Apartments Associates executed a note (the “Original Note”) in the amount of $1,250,000.00 on August 23, 1978 in favor of Landmark. The debtor later purchased the property from…
2Cases cited9 opinions
- Robert F. Felte, Inc. v. WhiteSupreme Court of Pennsylvania · 1973
- Burns Manufacturing Co., Inc. v. BoehmSupreme Court of Pennsylvania · 1976
- MECO REALTY CO. v. BurnsSupreme Court of Pennsylvania · 1964
- Dalessio v. Pauchon (In Re Dalessio)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1987
- In Re HynsonUnited States Bankruptcy Court, D. New Jersey · 1986
4 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- Stendardo v. Federal National Mortgage Ass'nCourt of Appeals for the Third Circuit · 1993
- In Re OlickUnited States Bankruptcy Court, E.D. Pennsylvania · 1998
- Wilmington Trust v. Brolley, J.Superior Court of Pennsylvania · 2019
- In Re Stendardo, StendardoCourt of Appeals for the Third Circuit · 1993
- In Re FrickerUnited States Bankruptcy Court, E.D. Pennsylvania · 1990
17 more not listed; retrieve them via the Exa API.