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IN RE GROSSINGER'S ASSOCIATES

Bankruptcy No. 89B 20943.

116 B.R. 34 (1990)

In re GROSSINGER'S ASSOCIATES, a New York Limited Partnership, Debtor.

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

July 2, 1990.

Attorney(s) appearing for the Case

Angel & Frankel, P.C., New York City, for Grossinger Development Corp; John H. Drucker, of counsel.

Ballon, Stoll & Itzler, New York City, for debtor; Ronald Itzler, of counsel.

Schulte, Roth & Zabel, New York City, for Lloyds and Hokkaido; Geoffrey Amsel, of counsel.

Rattet & Liebman, P.C., New York City, for mechanics lienors; Robert Rattet, of counsel.

DECISION ON MOTION FOR AN ORDER TERMINATING DEBTOR'S EXCLUSIVE PERIODS

HOWARD SCHWARTZBERG, Bankruptcy Judge.

Various creditors, including Grossinger Development Corporation ("GDC"), Lloyds Bank PLC ("Lloyds") and Hokkaido Takushoku Bank, Ltd. ("Hokkaido") have moved for an order terminating the debtor's exclusive periods to file a plan of reorganization and solicit acceptances thereto pursuant to 11 U.S.C. § 1121(b), and (c)(3).

The debtor...

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