IN RE MANOR PLACE DEVELOPMENT ASSOCIATES, L.P.

Bankruptcy Nos. 89-04497 (NLW), 89-04499, 89-04501, 89-04502, 89-04495, 89-04498 and 89-04496.

144 B.R. 679 (1992)

In re MANOR PLACE DEVELOPMENT ASSOCIATES, L.P., South Florida Development Limited Partnership, a Florida Limited Partnership, Fairmor Development Corporation, a New Jersey Corporation, Centennial Associates Limited Partnership, Piscataway Associates, Diann E. Billing & Anders Billing, individually and doing business as 65 Madison Avenue Associates, Boonton Building, Fairfield Development Company, Overlook Heights Development; Westgate at Fairfield and Great Brook Associates, Debtors.

United States Bankruptcy Court, D. New Jersey.

September 11, 1992.


Attorney(s) appearing for the Case

Bruce Frankel, Angel & Frankel, P.C., and Lewis Kaster, Carro, Spanbock, Kaster & Cuiffo, New York City, for Zirinsky Group.

Bruce Buechler, Ravin, Sarashon, Cook, Baumgarten, Fisch & Baime, Roseland, N.J., for Creditors' Committee.

Paul Hollander, Okin, Cohen & Hollander, Fort Lee, N.J., for Citizen's First Nat. Bank of New Jersey.

Dale Barney, Crummey, Del Deo, Dolan, Griffinger & Vecchione, Newark, N.J., for First Fidelity Bank.

Philip Guarino, Ross & Hardies, Somerset, N.J., for debtors.

Michael Konig, Greenbaum, Rowe, Smith, Ravin & Davis, Woodbridge, N.J., for Howard Sav. Bank.

Mark D. Miller, Hannoch Weisman, Roseland, N.J., for Metropolitan Life Ins. Co.


OPINION

NOVALYN L. WINFIELD, Bankruptcy Judge.

This matter came before the court at the confirmation hearing on the Debtors' and the Creditors' Committee's joint plan of reorganization.

After considering the oral argument of counsel, the pleadings and legal memorandum submitted by the parties, this court rendered its oral opinion on July 18, 1992. This constitutes the court's written opinion in accordance with said oral opinion. This matter is a...

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