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IN RE PARK PLACE ASSOCIATES

Bankruptcy No. 89 B 12380.

115 B.R. 940 (1989)

In re PARK PLACE ASSOCIATES, an Illinois limited partnership, EIN # 36-3389544, Debtor.

United States Bankruptcy Court, N.D. Illinois, E.D.

November 21, 1989.

Attorney(s) appearing for the Case

Gerald F. Munitz, Frank L. Butler, Richard R. Stanley, Winston & Strawn, Chicago, Ill., for Heller Financial.

Richard M. Bendix, Schwartz, Cooper, Kolb & Gaynor, Chicago, Ill., for debtor.

FINDINGS OF FACT AND CONCLUSIONS OF LAW ON HELLER FINANCIAL'S MOTION TO DISMISS

JACK B. SCHMETTERER, Bankruptcy Judge.

Trial was held on the Motion of Heller Financial, Inc. to Dismiss this case. Evidence was admitted and final argument heard. The Court now makes and enters the following Findings of Fact and Conclusions of Law.

FINDINGS OF FACT

1. In March 1985, Abacus Mortgage Investment Company, the predecessor of Heller, loaned LaSalle...

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