IN RE LUMBER EXCHANGE BLDG. LTD. PARTNERSHIP

No. 91-3280.

968 F.2d 647 (1992)

In re LUMBER EXCHANGE BUILDING LIMITED PARTNERSHIP, a Minnesota Limited Partnership, Debtor. LUMBER EXCHANGE BUILDING LIMITED PARTNERSHIP, Appellant, v. The MUTUAL LIFE INSURANCE COMPANY OF NEW YORK, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided June 29, 1992.


Attorney(s) appearing for the Case

Michael L. Meyer, Minneapolis, Minn., for appellant.

Kim A. Anderson, Minneapolis, Minn., for appellee.

Before WOLLMAN and HANSEN, Circuit Judges, and ROY, Senior District Judge.


WOLLMAN, Circuit Judge.

Lumber Exchange Building Limited Partnership appeals from the dismissal of its Chapter 11 bankruptcy case. We affirm.

I.

Lumber Exchange Building Limited Partnership (Lumber Exchange) was formed to acquire, renovate, and own as an investment the Lumber Exchange Building, located in Minneapolis, Minnesota. The Mutual Life Insurance Company of New York (MONY) loaned more than $20 million to Lumber Exchange on a nonrecourse refinancing...

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