MATTER OF DRW PROPERTY CO. 82

Bankruptcy Nos. 485-40510, 485-40588.

57 B.R. 987 (1986)

In the Matters of DRW PROPERTY CO. 82 d/b/a Apache Arms (the Single Original Hereof Shall Be Deemed Filed Under Each Partnership Debtor and In Each Case Listed In the Caption of the Order Procedurally Consolidating Cases For Certain Administrative Purposes Entered on March 29, 1985) Treehouse of Orlando, Ltd., d/b/a Treehouse.

United States Bankruptcy Court, N.D. Texas, Fort Worth Division.

February 21, 1986.


Attorney(s) appearing for the Case

Robert E. Phelan, Katherine C. Malory, Hanes & Boone, Dallas, Tex., for debtor, DRW Property Company 82 d/b/a Apache Arms.

Stephen A. McCartin, Susan A. Rankin, Gardere & Wynne, Dallas, Tex., for Donald R. Walker.

Philip Pierce, Booth, Marcus & Pierce, New York City, for Unsecured Creditors Committee.

Richard W. Ward, Palmer, Palmer & Coffee, P.C., Dallas, Tex., for Creditor, Treehouse Associates Ltd. Partnership.


MEMORANDUM OPINION AND ORDER REGARDING APPLICABILITY OF 11 U.S.C. § 1111(b)(1)(A) TO UNDERSECURED, NON-RECOURSE DEFICIENCY CLAIMS

MICHAEL A. McCONNELL, Bankruptcy Judge.

Between March 25, 1985 and May 31, 1985, ninety-five related general and limited partnerships ("the Project Partnerships" or "Debtors") filed voluntary petitions in this Court seeking protection under Chapter 11 of the Bankruptcy Code. Each partnership owned either an apartment complex...

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