IN RE CORPORATIÓN HOTELERA DE PUERTO RICO

No. B-27-70.

321 F.Supp. 1180 (1971)

In the Matter of CORPORATIÓN HOTELERA DE PUERTO RICO (San Jeronimo Hilton), Debtor.

United States District Court, D. Puerto Rico.

January 20, 1971.


Attorney(s) appearing for the Case

Fiddler, González & Rodríguez, San Juan, P. R., for The Chase Manhattan Bank, N. A.

Correa Calzada, Collazo Salazar, Herrero & Lazaro Paoli, San Juan, P. R., for petitioning creditors.

Otero Suro & Otero Suro, San Juan, P. R., for debtor.

Secretary of Justice, San Juan, Puerto Rico, for Secretary of Finance, Commonwealth of Puerto Rico.

Géigel & Silva, San Juan, P. R., for Puerto Rico Industrial Development Co.

O'Neill & Borges, San Juan, P. R., for Amron Credit Corp.

Baker & Woods, San Juan, P. R., for First National Bank of Jefferson Parish.

Segurola & Montalvo, San Juan, P. R., for Manuel San Juan Co., Inc.

Rodríguez-Ema, Rodríguez-Ramón, Beñitez Gautier & Sequeria, San Juan, P. R., for Correa Suarez, Gonzalez Correa & Santos.

McConnel, Valdés, Kelley & Sifre, San Juan, P. R., for Hilton International Co. and Hilton of San Juan, Inc.


ORDER DISMISSING PETITION & VACATING STAY OF FORECLOSURE SALE

DEVITT, Chief Judge, Sitting by Assignment.

In this corporate reorganization case, the issue posed by the creditors' petition for Chapter X relief and the Mortgagees' motions to dismiss is whether the petition has been filed in good faith.

The undersigned exercises authority in this case pursuant to assignment of the Chief Justice of the United States under 28 U.S.C. § 292(c)...

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