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FEDERAL HOME LOAN MORTG. v. HOLME CIRCLE REALTY

Civ. A. Nos. 92-CV-4751, 92-CV-5002.

146 B.R. 135 (1992)

FEDERAL HOME LOAN MORTGAGE CORPORATION, Plaintiff, v. HOLME CIRCLE REALTY CORP., Defendant.

United States District Court, E.D. Pennsylvania.

October 8, 1992.

Attorney(s) appearing for the Case

Maria R. McGarry, Ballard, Spahr, Andrews and Ingersoll, Philadelphia, Pa., for plaintiff.

Steven E. Ostrow, Mesirov, Gelman, Jaffe, Cramer & Jamieson, Philadelphia, Pa., for Philip B. Lindy, movant.

MEMORANDUM AND ORDER

ROBRENO, District Judge.

Presently before the Court are two cases relating to the extent, priority and validity of various parties' interests in a residential apartment complex known as Holme Circle Apartments, located at 2740-2800 Axe Factory Road, Philadelphia, Pennsylvania ("the Property").1 The issue before the Court is the impact on these cases of the filing of a Chapter 11 bankruptcy petition by a party...

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