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IN RE AINSLIE AND BELLE PLAINE LTD. PARTNERSHIP

Bankruptcy Nos. 92 B 09022, 92 B 09021.

145 B.R. 950 (1992)

In re AINSLIE AND BELLE PLAINE LIMITED PARTNERSHIP, and 4801 N. Fairfield Limited Partnership, Debtors.

United States Bankruptcy Court, N.D. Illinois, E.D.

October 5, 1992.

Attorney(s) appearing for the Case

Edward S. Weil, Greenberger, Krauss & Tenenbaum, Chicago, Ill., for Irving Federal.

Jeffrey Strange & Associates, Wilmette, Ill., Paul M. Bauch, Kathleen M. Meyers, Bell, Boyd & Lloyd, Mark L. Goldstein, Illinois Commerce Com'n, Paul Streicher, Cohon, Raizes & Regal, Chicago, Ill., Ellen Barnes, Highland Park, Ill., for the debtors.

Dennas H. Heffner, Chicago, Ill., for U.S. Trustee.

MEMORANDUM OPINION

RONALD S. BARLIANT, Bankruptcy Judge.

Irving Federal Bank for Savings has moved for a declaration that certain beneficial interests in land trusts are not property of the estate, or, in the alternative, for the modification or annulment of the automatic stay. Irving Federal's motion is granted and the Court finds that the beneficial interests in the land trusts are not property of the Debtors' estates.

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