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IN RE MANSION HOUSE CENTER SOUTH REDEVELOPMENT CO.

No. 80-1907.

661 F.2d 724 (1981)

In re MANSION HOUSE CENTER SOUTH REDEVELOPMENT COMPANY, Mansion House Center North Redevelopment Company, and Mansion House Center Redevelopment Company, Appellants.

United States Court of Appeals, Eighth Circuit.

Decided October 27, 1981.

Rehearing Denied December 2, 1981.

Attorney(s) appearing for the Case

Thomas S. Martin, Acting Asst. Atty. Gen., Washington, D. C., Robert D. Kingsland, U. S. Atty., St. Louis, Mo., David Epstein, J. Christopher Kohn (argued), Attys., Dept. of Justice, Washington, D. C., for appellee.

James F. Gunn, Gunn & Gunn, St. Louis, Mo., for appellants; Norman S. Altman (argued), Krooth & Altman, Washington, D. C., Richard Lieb, Kronish, Lieb, Shainswit Weiner & Hellman, New York City, of counsel.

Before BRIGHT, HENLEY and ARNOLD, Circuit Judges.

ARNOLD, Circuit Judge.

Section 517 of the Bankruptcy Act of 1938, codified until 1978 as 11 U.S.C. § 917,1 provides as follows:

Nothing contained in this chapter[2] shall be deemed to affect or apply to the creditors of any debtor under a mortgage insured pursuant to the National Housing Act and Acts amendatory thereof and supplementary thereto; nor shall...

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