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IN RE BEACON HILL APARTMENTS, LTD.

Civ. No. 1:89-cv-2720-ODE.

118 B.R. 148 (1990)

In re BEACON HILL APARTMENTS, LTD., a Georgia Limited Partnership. BEACON HILL APARTMENTS, LTD. v. COLUMBIA SAVINGS AND LOAN ASSOCIATION.

United States District Court, N.D. Georgia, Atlanta Division.

April 13, 1990.

Attorney(s) appearing for the Case

John Anthony Christy, Schreeder, Wheeler & Flint, Atlanta, Ga., for plaintiff.

James Peyton Smith, Arnall, Golden & Gregory, Macon, Ga., for defendant.

ORDER

ORINDA D. EVANS, District Judge.

This case is before the court on appeal from a bankruptcy ruling.

This case arises from a dispute regarding the value of certain property owned by the debtor Beacon Hill Apartments, Ltd. ("Beacon Hill"). In a proposed plan of reorganization, Beacon Hill valued the property at $3.8 million and proposed to treat 3.8 million of the debt owed to Columbia Savings and Loan Association ("Columbia") as secured, with...

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