Oceanside Properties, Inc. v. Bankers Trust Co. (In Re Oceanside Properties, Inc.)

FINDINGS OF FACT AND CONCLUSIONS OF LAW

JON J. CHINEN, Bankruptcy Judge.

The Complaint for Authority to Sell Parking Stalls Free and Clear of Liens and Petition for Leave to Compromise Controversy filed by Oceanside Properties, Inc., hereafter “Debtor”, came on for hearing on June 9, 1981. At said hearing James N. Duca represented Debtor, Erik Zen, Mary Rudolph and Howard Hoddick represented the Hansen Estate, Randolph Slaton represented the City and County of Honolulu, hereafter “City and County”, and R. Charles Bocken represented the Creditors’ Committee. Based upon the evidence adduced, the…