IN RE LANDMARK LAND CO. OF OKLAHOMA, INC.

Civ. A. Nos. 2:91-3134-1 to 2:91-3139-1, Bankruptcy Nos. 91-05814 to 91-05819, Adv. Nos. 91-8274 to 91-8277, and 91-8287.

134 B.R. 557 (1991)

In re LANDMARK LAND COMPANY OF OKLAHOMA, INC., an Oklahoma Corporation, Debtor. LANDMARK LAND COMPANY OF CAROLINA, INC., a Delaware Corporation; Clock Tower Place Investments Ltd., a California Corporation; Landmark Land Company of California, Inc., a Delaware Corporation; Landmark Land Company of Florida, Inc., a Delaware Corporation; Landmark Land Company of Louisiana, Inc., a Louisiana Corporation; Landmark Land Company of Oklahoma, an Oklahoma Corporation, Plaintiffs, v. RESOLUTION TRUST CORPORATION, Conservator for Oak Tree Federal Savings Bank, Defendant. (Six Cases) In re LANDMARK LAND COMPANY OF CAROLINA, INC. a Delaware Corporation, Debtor. In re CLOCK TOWER INVESTMENTS, LTD., a California Corporation, Debtor. In re LANDMARK LAND COMPANY OF CALIFORNIA, INC., a Delaware Corporation, Debtor. In re LANDMARK LAND COMPANY OF LOUISIANA, INC., a Louisiana Corporation, Debtor. In re LANDMARK LAND COMPANY OF FLORIDA, INC., a Delaware Corporation, Debtor.

United States District Court, D. South Carolina, Charleston Division.

December 3, 1991.


Attorney(s) appearing for the Case

Lawrence Wilbur Johnson, Jr., Adams, Quackenbush, Herring & Stuart, Columbia, S.C., for Resolution Trust Corp.

John B. Hagerty, Nelson, Mullins, Riley & Scarborough, George Barry Cauthen, Columbia, S.C., for Unsecured Creditors Committees.

Patrick Michael Duffy, McNair Law Firm, Charleston, S.C., Michael McNulty Beal, McNair Law Firm, P.A., Columbia, S.C., Michael Paul Kirschner, Jackie L. Hill, Jr., Kiran A. Phansalkar, Alice A. Sias, Hastie & Kirschner, Oklahoma City, Okl., Richard S. Broude, James H. Bathon, Mayer, Brown & Platt, New York City, for Landmark Land Co. of Oklahoma, Inc., Landmark Land Co. of Carolina, Inc., Clock Tower Place Investments, Landmark Land Co. of California, Inc., Landmark Land Co. of Louisiana, Inc. and Landmark Land Co. of Florida, Inc.


ORDER

HAWKINS, Chief Judge.

This action is a consolidated action of the six above-captioned adversary cases. The above-referenced bankruptcy cases are jointly administered. The matter before the court is the motion of Resolution Trust Corporation (RTC) as conservator of Oak Tree Federal Savings Bank (New Oak Tree) to stay the preliminary injunction issued in the adversary cases by this court on October 30, 1991...

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