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IN RE RIVER HILLS APARTMENTS FUND

Nos. 86-1093, 86-1480.

813 F.2d 702 (1987)

In re RIVER HILLS APARTMENTS FUND, Debtor. RIVER HILLS ASSOCIATES, LTD., Plaintiff-Appellant, v. RIVER HILLS APARTMENTS FUND, Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

April 6, 1987.

Attorney(s) appearing for the Case

Gregory C. Douglass, Clark, Thomas, Winters & Newton, Austin, Tex., for plaintiff-appellant.

Richard W. Simmons, Bernard W. Fischman, Ronald J. Sommers, Houston, Tex., for defendant-appellee.

Before GOLDBERG, RUBIN, and POLITZ, Circuit Judges.

ALVIN B. RUBIN, Circuit Judge:

River Hills Associates, a Chapter 11 debtor that lost its major asset, the River Hills Apartments, at a foreclosure sale, challenges the sale, contending that the automatic stay was still in effect at the time of the sale; that, if the stay was not still in effect, it was denied a hearing at which it would have objected to the lifting of the stay; and that the sale violated Texas law because it was irregular and at a grossly inadequate...

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