Gugenhan v. Blue Valley National Bank (In Re Gugenhan)

MEMORANDUM OF DECISION

JAMES A. PUSATERI, Bankruptcy Judge.

This chapter 11 adversary proceeding is before the Court on the complaint of the debtors-in-possession to determine validity, priority or extent of two real estate mortgages in favor of the Oketo State Bank, a predecessor of the Blue Valley National Bank.

The First National Bank of Missouri also asserts an interest in the property. The Banks have joined in a motion to dismiss the debtors’ complaint.

The debtors are represented by Jan M. Hamilton of Hamilton, Peterson, Tipton & Keeshan, Topeka. Blue Valley National Bank and the First…