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IN RE OKLAHOMA ASSOCIATES

Bankruptcy No. 88-00820, Motion No. 88-2349-M.

93 B.R. 424 (1988)

In re OKLAHOMA ASSOCIATES, a Pennsylvania limited partnership, Debtor.

United States Bankruptcy Court, W.D. Pennsylvania.

December 1, 1988.

Attorney(s) appearing for the Case

Stanley G. Makoroff, Lampl, Sable, Makoroff & Libenson, Pittsburgh, Pa., trustee.

Eric A. Schaffer, Reed Smith Shaw & McClay, Pittsburgh, Pa., for Missouri State Employees Retirement System.

Kenneth M. Steinberg, Steidl & Steinberg, Pittsburgh, Pa., for debtor.

MEMORANDUM OPINION AND ORDER

JUDITH K. FITZGERALD, Bankruptcy Judge.

The matter before the court is a Motion for Relief from Stay and Other Relief filed on behalf of Missouri State Employees Retirement System (MSERS) against Oklahoma Associates, a Pennsylvania limited partnership (Debtor). The facts are as follows.

In 1984 MSERS obtained a mortgage to secure a debt for $1.9 million against certain commercial real estate known as the Pythian Building...

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