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IN RE S.F. DRAKE HOTEL ASSOCIATES

Bankruptcy No. 91-3-00748-LK.

131 B.R. 156 (1991)

In re S.F. DRAKE HOTEL ASSOCIATES, a California Limited Partnership, dba Sir Francis Drake Hotel, Debtor.

United States Bankruptcy Court, N.D. California.

August 23, 1991.

Attorney(s) appearing for the Case

Joseph A. Eisenberg, Levene & Eisenberg, Los Angeles, Cal., for debtor.

Jaculin Aaron, Shearman & Sterling, Los Angeles, Cal., for Sec. Pacific Nat. Bank.

OPINION

LLOYD KING, Chief Judge.

I. Introduction

Debtor in Possession S.F. Drake Hotel Associates (Debtor) filed a petition for reorganization under Chapter 11 of the Bankruptcy Code, 11 U.S.C. § 1101, et seq., on February 25, 1991. Debtor owns and operates the Sir Francis Drake Hotel in San Francisco, California. Before the court is a contested matter in bankruptcy, initiated by secured creditor Security Pacific National Bank...

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