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Erie Hilton Joint Venture v. Prudential Insurance Co. of America (In Re Erie Hilton Joint Venture)

United States Bankruptcy Court, W.D. Pennsylvania

Decided March 22, 1991No. 19-20680PublishedCited by 11 opinions

1Opinion of the Court

OPINION

WARREN W. BENTZ, Bankruptcy Judge.

The Erie Hilton Joint Venture (“Hilton”) owned and operated a single asset, a hotel property known as the Quality Hotel Plaza in Erie, Pennsylvania (the “Property”). Prudential Insurance Company of America (“Prudential”) holds a first mortgage on the Property. After Hilton’s negotiations with Prudential regarding mortgage defaults failed, the Property was scheduled for sheriff’s sale on October 13, 1989. Hilton filed a voluntary Petition under Chapter 11 of the Bankruptcy Code on October 12, 1989, staying the sheriff’s sale.

Dissension between Hilton…

2Cases cited10 opinions

  1. 15 Collier bankr.cas.2d 563, Bankr. L. Rep. P 71,437 in Re McKeesport Steel Castings Company. In Re McKeesport Steel Castings Company, Debtor. Equitable Gas Co. v. Equibank N.A., Condec Corporation. Appeal of Equitable Gas Company, a Division of Equitable Resources, Inc., MovantCourt of Appeals for the Third Circuit · 1986
  2. Equibank, N.A. And the Farmers' Home Administration v. Wheeling-Pittsburgh Steel CorporationCourt of Appeals for the Third Circuit · 1989
  3. Berry v. Dial Consumer Discount Co. (In Re Berry)United States Bankruptcy Court, W.D. Pennsylvania · 1981
  4. In Re TrowbridgeUnited States Bankruptcy Court, E.D. Pennsylvania · 1987
  5. In Re LallyDistrict Court, N.D. Iowa · 1985

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3Cited by11 opinions

  1. In re W.R. Grace & Co.District Court, D. Delaware · 2012
  2. Official Unsecured Creditors' Committee of Erie Hilton Joint Venture v. Siskind (In Re Erie Hilton Joint Venture)United States Bankruptcy Court, W.D. Pennsylvania · 1992
  3. In Re Mall at One Associates, L.P.United States Bankruptcy Court, E.D. Pennsylvania · 1995
  4. Marion County Treasurer v. Blue Lustre Products, Inc.District Court, S.D. Indiana · 1997
  5. Investors of the Triangle v. Carolina Triangle Ltd. Partnership (In Re Carolina Triangle Ltd. Partnership)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1994

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