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IN RE BLOOMINGDALE PARTNERS

Bankruptcy No. 91 B 11678.

160 B.R. 93 (1993)

In re BLOOMINGDALE PARTNERS, an Illinois limited partnership, Debtor.

United States Bankruptcy Court, N.D. Illinois, E.D.

October 21, 1993.

Attorney(s) appearing for the Case

Gregory G. Wrobel, Mitchell G. Jones, John D. Malarkey, Michael L. Kayman, Vedder, Price, Kaufman & Kammholz, James L. Lucari, Holleb & Coff, Chicago, IL, for debtor.

Philip V. Martino, Rudnick & Wolfe, Chicago, IL, for debtor's General Partners.

Peter A. Sarasek, Leonard S. Shifflett, Thomas J. Magill, Todd A. Rowden, Wilson & McIlvaine, Chicago, IL, for John Hancock Mut. Life Ins. Co.

David J. Fisher, Wildman, Harrold, Allen & Dixon, Chicago, IL, for Fleet Nat. Bank.

Joseph J. Casper, The Jeff Diver Group, Glen Ellyn, IL, for John and Jean Zarlenga.

Katy Gleason, Dept. of Justice, U.S. Trustee's Office, Chicago, IL, for U.S. Trustee.

AMENDED MEMORANDUM OPINION

RONALD BARLIANT, Bankruptcy Judge.

I. INTRODUCTION

On June 7, 1993, this Court issued an opinion denying John Hancock Mutual Life Insurance Company's motion to withdraw its § 1111(b)1 election and denied confirmation of the Debtor's modified second amended plan. Subsequently, the Debtor filed a third plan in opposition to Hancock's motion for relief from the stay. After...

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