Legal Opinion
In Re Ocean Beach Properties
United States Bankruptcy Court, E.D. Michigan
Decided December 8, 1992No. 19-42178PublishedCited by 3 opinions
1Opinion of the Court
SUPPLEMENTAL OPINION GRANTING MOTION TO LIFT STAY 1
STEVEN W. RHODES, Bankruptcy Judge.
I
Ocean Beach Properties and Ocean Shore Investments (collectively the debtors or the partnerships) are two related general partnerships which own three undeveloped parcels on an island off the eastern coast of Florida. These entities are the debtors in this consolidated Chapter 11 proceeding. First National Bank and Trust Company of the Treasure Coast (the bank) is the primary secured creditor and holds a mortgage on the properties which are the sole assets of the debtors. The debt totals approximately…
2Cases cited11 opinions
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- In the Matter of Winshall Settlor's Trust, Julie Winshall, Trustee, Debtor-AppellantCourt of Appeals for the Sixth Circuit · 1985
- In the Matter of Sandy Ridge Development Corporation, Debtor. Sandy Ridge Development Corporation v. Louisiana National BankCourt of Appeals for the Fifth Circuit · 1989
- In Re Eden AssociatesUnited States Bankruptcy Court, S.D. New York · 1981
- In Re Dolton Lodge Trust No. 35188United States Bankruptcy Court, N.D. Illinois · 1982
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3Cited by3 opinions
- Abel v. Shugrue (In Re Ionosphere Clubs, Inc.)District Court, S.D. New York · 1995
- Edgewater Walk Apartments v. MONY Life Insurance Co. of AmericaDistrict Court, N.D. Illinois · 1993
- Kapila v. Dye (In Re Schiavone)United States Bankruptcy Court, S.D. Florida. · 1997