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IN RE SeSIDE CO., LTD.

Civ. A. No. 92-7381.

152 B.R. 878 (1993)

In re SeSIDE COMPANY, LTD. J.H. STREIKER & CO., INC., Plaintiff/Appellant, v. SeSIDE COMPANY, LTD., Defendant/Appellee.

United States District Court, E.D. Pennsylvania.

March 26, 1993.

Attorney(s) appearing for the Case

Janet I. Moore, Lesser & Kaplin, P.C., Blue Bell, PA, David B. Tatge, Ginsburg, Feldman & Bress, Washington, DC, for plaintiff-appellant.

Marvin Krasny, Wolf, Block, Schorr & Solis-Cohen, Philadelphia, PA, for defendant-appellee.

MEMORANDUM

BARTLE, District Judge.

This is an appeal from a final Order of the Bankruptcy Court.1

In August of 1984, SeSide Company, Ltd. ("SeSide"), the debtor, purchased a residential apartment project located in Allentown, Pennsylvania from SCC Development, Inc., Knickerbocker Associates Limited Partnership and J.H. Streiker & Co., Inc. ("Streiker"), for $7,300,000. SeSide paid $2,100,000 in cash, and executed...

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