IN RE PARK TIMBERS, INC.

Bankruptcy No. 85-328, Motion Nos. M-85-41, M-85-42.

58 B.R. 647 (1985)

In re PARK TIMBERS, INC., Debtor. UNIFIRST BANK FOR SAVINGS, F.A., Plaintiff, v. PARK TIMBERS, INC., Defendant.

United States Bankruptcy Court, D. Delaware.

November 8, 1985.


Attorney(s) appearing for the Case

Bayard, Handelman & Murdoch by Peter J. Walsh, Wilmington, Del., and Scott, Hetrick & McBee by Tom B. Scott, III, Jackson, Miss., for Unifirst.

Morris, Nichols, Arsht & Tunnell by Paul P. Welsh, and David A. Drexler, Wilmington, Del., for Park Timbers, Inc.


HELEN S. BALICK, Bankruptcy Judge.

On October 24th, hearing was held on three motions filed by Unifirst Bank for Savings in the Chapter 11 proceeding of Park Timbers, Inc., which was filed on August 30th, 1985. The motions ask for alternative relief, the granting of any one of which would permit it to continue a foreclosure action against an apartment complex in Harvey, Louisiana on which it holds a first mortgage. The relief...

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