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IN RE MARKET SQUARE ASSOCIATES, LTD.

Bankruptcy Nos. 80 B 11908 (PA), 80 B 11907 (PA), Adv. No. 81-5225-A.

56 B.R. 566 (1986)

In re MARKET SQUARE ASSOCIATES, LTD., Debtor. In re CHESTNUT GROVE ASSOCIATES, LTD., Debtor. MARKET SQUARE ASSOCIATES, LTD. and Chestnut Grove Associates, Ltd., Plaintiffs, v. COMMONWEALTH LAND TITLE INSURANCE CO., Defendant.

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

January 8, 1986.

Attorney(s) appearing for the Case

Whitman & Ransom, New York City, for debtors; Richard N. Tilton, of counsel.

Moses & Singer, New York City, for defendant; Jerome M. Lasky and David M. Satnick, of counsel.

PRUDENCE B. ABRAM, Bankruptcy Judge:

The debtors, Market Square Associates, Ltd. ("Market Square") and Chestnut Grove Associates, Ltd. ("Chestnut Grove") (Collectively the "Debtors"), both of which are Pennsylvania limited partnerships, each filed a petition for reorganization under Chapter 11 of the Bankruptcy Code on November 12, 1980. Thereafter, and on May 4, 1981, the Debtors instituted this adversary proceeding against Commonwealth Land Title Insurance Co. ...

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