State Street Bank & Trust Co. v. Park (In Re Si Yeon Park, Ltd.)

AMENDED OPINION RE CONTINUATION OF STATE COURT CONTEMPT PROCEEDINGS

LISA HILL FENNING, Bankruptcy Judge.

This single asset real estate Chapter 11 case and two related bankruptcies have developed into a procedurally convoluted war. The original dispute has been resolved: the borrower has fully paid off the mortgage that had been in default, and the receiver has been relieved of his assignment. The issues now before this Court involve two adversary proceedings consisting of claims and counterclaims arising out of the parties’ actions during the litigation.

Of immediate concern are contempt…