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IN RE CHARLES & LILLIAN BROWN'S HOTEL, INC.

Bankruptcy No. 88-30415.

93 B.R. 49 (1988)

In re CHARLES & LILLIAN BROWN'S HOTEL, INC., Debtor.

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

November 22, 1988.

Attorney(s) appearing for the Case

R. Steven Aceti, Trustee, Krolick and DeGraff, Albany, N.Y.

Philip Irwin Aaron, P.C., Jericho, N.Y., for The Rome Sav. Bank; Philip Irwin Aaron and Allan B. Mendelsohn, of counsel.

Jeffrey L. Solomon, New York City, for debtor.

Lawrence M. Klein, P.C., Newburgh, N.Y., for Creditors' Committee; Lawrence M. Klein, of counsel.

Donna Lieberman, Office of the United States Trustee, S.D.N.Y., New York City.

Angel & Frankel, P.C., New York City, for Joseph Aronow; Bruce Frankel, of counsel.

Javits, Robinson, Brog, Leinwand & Reich, P.C., New York City, for American Sav. and Loan Ass'n and Daniel Zager; Frederick B. Ringel, of counsel.

DECISION ON ORDER TO SHOW CAUSE BY CHAPTER 11 TRUSTEE TO STAY ROME SAVINGS BANK FROM PROCEEDING WITH FORECLOSURE SALE PENDING APPEAL

JEREMIAH E. BERK, Bankruptcy Judge.

This motion by the newly-appointed Chapter 11 Trustee, R. Steven Aceti ("Trustee"), brought on by order to show cause entered by Judge Schwartzberg, on November 10, 1988, seeks to stay Rome Savings Bank ("Rome") from proceeding with its mortgage foreclosure sale of the debtor's primary asset...

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