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NEW YORK LIFE INS. CO. v. BREMER TOWERS

No. 3-86 CIV 630.

714 F.Supp. 414 (1989)

NEW YORK LIFE INSURANCE COMPANY, Plaintiff, v. BREMER TOWERS, a Minnesota limited partnership, et al., Defendants.

United States District Court, D. Minnesota, Third Division.

May 17, 1989.

Attorney(s) appearing for the Case

Dorsey & Whitney by Kevin W. Rouse and Thomas O. Kelly, III, Minneapolis, Minn., for plaintiff.

Wagner, Johnston & Falconer by Larry B. Ricke and Kathryn Page, Minneapolis, Minn., for Kathryn Page, trustee of the Bremer Towers Bankruptcy Estate.

ORDER

ALSOP, Chief Judge.

The above entitled matter came on before the court on April 28, 1989, on New York Life Insurance Company's ("New York Life") motion for appointment of receiver. That motion was opposed by Kathryn Page, trustee for the bankruptcy estate of Bremer Towers Limited Partnership ("Bremer Towers"). For the reasons set forth below, New York Life's motion will be granted.

I. FACTS.

The facts relevant to the instant motion...

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