MATTER OF MALLARD ASSOCIATES

Bankruptcy No. 78 B 1901 JL.

8 B.R. 820 (1981)

In the Matter of MALLARD ASSOCIATES, a Limited Partnership, Debtor.

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

January 21, 1981.


Attorney(s) appearing for the Case

Norman Klasfeld, Gerald & Lawrence Blumberg, New York City, for debtor; Lawrence Blumberg and Gerald Blumberg, New York City, of counsel.

Trubin, Sillcocks, Edelman & Knapp, New York City, for the Greenwich Sav. Bank; Lola S. Lea and Steven L. Bock, New York City, of counsel.


OPINION

JOEL LEWITTES, Bankruptcy Judge.

On October 25, 1978, Mallard Associates ("Mallard") filed a petition for an arrangement under Chapter XII of the former Bankruptcy Act of 1898.1 The commencement of that case signaled an immediate legal response from Mallard's sole secured creditor, the Greenwich Savings Bank ("Greenwich"), i.e., a motion to dismiss, which was the subject...

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