IN RE REDDINGTON/SUNARROW LTD. PARTNERSHIP

Bankruptcy No. 11-89-01230 MA.

119 B.R. 809 (1990)

In re REDDINGTON/SUNARROW LTD. PARTNERSHIP, a Texas limited partnership, d/b/a Desert Arrow Apartment Community, Employer ID No. 74-2386639, 86-0518992, Debtor.

United States Bankruptcy Court, D. New Mexico.

October 11, 1990.


Attorney(s) appearing for the Case

Sidney J. Diamond, El Paso, Tex. Geraldine E. Rivera, Albuquerque, N.M., for debtor.

James S. Starzynski, Albuquerque, N.M., for Clark Financial Corp., Value Management Co., & PMS, Inc.

Charles A. Beckham, Jr., El Paso, Tex., James L. Rasmussen, Albuquerque, N.M., for Resolution Trust Corp.

Walter F. Wood, Tucson, Ariz., for Empire West.


MEMORANDUM OPINION

MARK B. McFEELEY, Bankruptcy Judge.

This matter came before the Court on September 17, 1990, for final hearing on the Resolution Trust Corporation's motion for relief from the automatic stay. Having considered the arguments of counsel, case law, exhibits, and memoranda of law submitted by the parties, and being otherwise fully informed and advised, the Court finds the motion is not well taken and should be denied.

FACTS

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