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IN RE RITZ-CARLTON OF D.C., INC.

No. 88 Civ. 7729 (JMW).

98 B.R. 170 (1989)

In re RITZ-CARLTON OF D.C., INC., Debtor. The TRAVELERS LIFE AND ANNUITY COMPANY, Appellant, v. RITZ-CARLTON OF D.C., INC., Appellee.

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

March 20, 1989.

Attorney(s) appearing for the Case

Jeffrey L. Tanenbaum, Jeff J. Friedman, John J. Rapisardi, Weil, Gotshal & Manges, New York City, for Ritz-Carlton.

Robert W. Gray, Leo T. Crowley, Scot C. Gleason, Stephen K. Koo, Winthrop, Stimson, Putnam & Roberts, New York City, for Travelers Life and Annuity Co.

MEMORANDUM AND ORDER

WALKER, District Judge:

Before the Court are two issues on appeal from the United States Bankruptcy Court for the Southern District of New York. The issues arise out of protracted and involved Chapter 11 proceedings involving Ritz-Carlton of D.C., Inc. (RCDC), its owner Coleman, and two other small corporations owned by Coleman. Travelers Life and Annuity Company (Travelers) made loans totaling over $40 million principal amount to RCDC...

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