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IN RE S.F. DRAKE HOTEL ASSOCIATES

No. C 91-3526 BAC.

147 B.R. 538 (1992)

In re S.F. DRAKE HOTEL ASSOCIATES, a California Limited Partnership, dba Sir Francis Drake Hotel, Debtor. S.F. DRAKE HOTEL ASSOCIATES, a California Limited Partnership, dba Sir Francis Drake Hotel, Appellant, and Cross-Appellee, v. SECURITY PACIFIC NATIONAL BANK, Appellee and Cross-Appellant.

United States District Court, N.D. California.

May 26, 1992.

Attorney(s) appearing for the Case

Joseph A. Eisenberg, Ron Bender, Levene & Eisenberg, P.C., Los Angeles, Cal., for S.F. Drake.

William M. Burke, William J.F. Roll, III, Jaculin Aaron, Shearman & Sterling, Los Angeles, Cal., for appellee Bank of America Nat'l Trust and Savings Assoc., successor by merger to Sec. Pacific Nat. Bank.

ORDER

CAULFIELD, District Judge.

BACKGROUND

Appellant San Francisco Drake Hotel Associates, a California Limited Partnership ("S.F. Drake"), is a debtor and debtor in possession in a Chapter 11 case commenced on February 25, 1991, and pending in the United States Bankruptcy Court for the Northern District of California. The principal asset of S.F. Drake and of the Chapter 11 estate is the Sir Francis Drake Hotel located in San Francisco, California...

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