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MATTER OF BEAUCREST RLTY. ASSOCIATES

Bankruptcy No. 180-00422/19.

4 B.R. 166 (1980)

In the Matter of BEAUCREST REALTY ASSOCIATES, Debtor.

United States Bankruptcy Court, E.D. New York.

May 5, 1980.

Attorney(s) appearing for the Case

Stroock & Stroock & Lavan, New York City, for debtor; Lawrence M. Handelsman, William J. Lowy, New York City, of counsel.

Marcus & Angel, New York City, for petitioning creditors; Joshua J. Angel, New York City, of counsel.

Robinson, Silverman, Pearce, Aronsohn & Berman, New York City, for Jamaica Savings Bank; Edward S. Cowen, New York City, of counsel.

DECISION AND MEMORANDUM OF LAW

DECISION AND MEMORANDUM OF LAW ON THE APPLICATION FOR RECONSIDERATION OF ORDER CONTINUING STAY AGAINST PETITIONING CREDITORS

PRELIMINARY STATEMENT

JOSEPH V. COSTA, Bankruptcy Judge.

An involuntary petition under Chapter 11 of the Code was filed by three creditors ("Petitioning Creditors") against Beaucrest Realty Associates ("Debtor") on January 28, 1980. The Debtor...

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