IN RE VALLEY FORGE PLAZA ASSOCIATES

Bankruptcy No. 89-11136S.

109 B.R. 669 (1990)

In re VALLEY FORGE PLAZA ASSOCIATES (A Pennsylvania Limited Partnership), Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

Memorandum and Order January 19, 1990.


Attorney(s) appearing for the Case

Robert H. Levin, Max L. Lieberman, Philadelphia, Pa., for debtor.

Stuart M. Brown, Philadelphia, Pa., for Creditors' Committee.

James Peck, Philadelphia, Pa., for DaiIchi Kangyo Bank.

Jennifer Anderson, Dechert Price & Rhoads, Philadelphia, Pa., for Academy Life Ins. Co.

Richard F. Casher, Hartford, Conn., for Conn. Gen. Life Ins. Co.

Robert Heckscher, Philadelphia, Pa., for Midlantic Nat. Bank.

Alan Golden, Philadelphia, Pa., for Northeastern Bank.


OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

In the decision-making process, it is important to be consistent. However, it is more important to be correct. A consistent line of incorrect decisions is more properly nipped in the bud than promulgated purely for the sake of consistency.

Thus, despite acknowledgement of our statements in colloquies with the interested parties in this case suggesting that the Debtor in this large Chapter 11 case, VALLEY...

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