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IN RE COLONIAL DAYTONA LTD. PARTNERSHIP

Bankruptcy No. 92-6351-8P1.

144 B.R. 924 (1992)

In re COLONIAL DAYTONA LIMITED PARTNERSHIP, Debtor.

United States Bankruptcy Court, M.D. Florida, Tampa Division.

August 28, 1992.

Attorney(s) appearing for the Case

Charles M. Tatelbaum, for debtor.

Jose I. Astigarraga, U.S. Trustee, for American Sav. of Florida.

MEMORANDUM OF OPINION ON MOTION TO DISMISS FOR "CAUSE"

ALEXANDER L. PASKAY, Chief Judge.

THIS IS another all-too-familiar recurring scenario which involves Colonial Daytona Limited Partnership (Debtor), a limited partnership with one single asset, as usual an apartment house complex already involved in foreclosure. In the present instance, the challenge of the Debtor's right to seek and ultimately obtain the benefits designed by Congress through Chapter...

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