IN RE NESHAMINY OFFICE BLDG. ASSOCIATES

Bankruptcy No. 81-00391G.

75 B.R. 937 (1987)

In re NESHAMINY OFFICE BUILDING ASSOCIATES, Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

July 21, 1987.


Attorney(s) appearing for the Case

Nathan Lavine, Gary D. Bressler, Adelman Lavine Krasny Gold & Levin, Philadelphia, Pa., for debtor, Neshaminy Office Building Associates.

Alexander N. Rubin, Jr., Rubin, Quinn and Moss, Philadelphia, for the trustee, Norman M. Kransdorf.

Leonard M. Klehr, Klehr, Harrison, Harvey, Branzburg, Ellers & Weir, Philadelphia, Pa., for Limited Partners of NOBA.


MEMORANDUM OPINION

BRUCE FOX, Bankruptcy Judge:

The issue before me in this longstanding controversy is whether I should approve a settlement between the trustee of a chapter 11 debtor, Fidelity America Mortgage Co. ("FAMCO"), and Neshaminy Plaza Associates ("NPA"). Several limited partners of Neshaminy Office Building Associates ("NOBA"), a limited partnership organized by FAMCO, object to the settlement. For the reasons set forth below, I will deny the...

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