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MATTER OF EMERALD HILLS COUNTRY CLUB, INC.

Bankruptcy No. 81-02069-BKC-JAG, Adv. No. 81-0678-BKC-JAG.

32 B.R. 408 (1983)

In the Matter of EMERALD HILLS COUNTRY CLUB, INC., Debtor/Bankrupt. EMERALD HILLS COUNTRY CLUB, INC., Debtor/Debtor in Possession, Plaintiff, v. HOLLYWOOD, INC., a Florida Corporation, Defendant.

United States Bankruptcy Court, S.D. Florida.

June 17, 1983.

Attorney(s) appearing for the Case

Irving M. Wolff, Miami, Fla., for debtor-in-possession.

William S. Spencer, Hollywood, Fla., Robert E. Venney, Miami, Fla., Raymond B. Ray, Fort Lauderdale, Fla., for Hollywood, Inc.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

JOSEPH A. GASSEN, Bankruptcy Judge.

THIS MATTER was heard before the Court on the Adversary Complaint of Emerald Hills Country Club, Inc, Plaintiff, (Debtor/Debtor in Possession), for Declaratory Judgment as to the validity of a note and mortgage dated September 30, 1980 (Count I) and to set aside a "Fraudulent Conveyance" (Count II) under Section 548, of 11 U.S.C. ("First Modification of Mortgage," dated September...

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