In re Charles Thomas BOBROFF, a/k/a Charles T. Bobroff, a/k/a Donney Bobroff and Zachary Fae, Debtor.
United States Bankruptcy Court, E.D. Pennsylvania.https://leagle.com/images/logo.png
July 26, 1984.
July 26, 1984.
Attorney(s) appearing for the Case
David Lyle Segal, Philadelphia, Pa., for debtor, Charles Thomas Bobroff, a/k/a Charles T. Bobroff, a/k/a Donney Bobroff and Zachary Fae.
Andrew D. Bershad, Alan C. Gershenson, Blank, Rome, Comisky & McCauley, Philadelphia, Pa., for second mortgagee.
Jonathan H. Ganz, Pincus, Verlin, Hahn, Reich & Goldstein, Philadelphia, Pa., Trustee.
United States Bankruptcy Court, E.D. Pennsylvania.
OPINION
EMIL F. GOLDHABER, Bankruptcy Judge:
The predominant issue1 in the case before us is whether we should sustain the debtor's objection to the trustee's proposed sale of his realty free and clear of liens when the encumbrances on that realty greatly exceed the proposed sale price. The issue must be resolved in light of the provisions of § 363 of the Bankruptcy Code ("Code"), coupled with the second mortgagee's offer...
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