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IN RE DOWNTOWN PROPERTIES, INC.

Bankruptcy No. 93-42753-3-11.

162 B.R. 244 (1993)

In re DOWNTOWN PROPERTIES, INC., Debtor.

United States Bankruptcy Court, W.D. Missouri.

November 30, 1993.

Attorney(s) appearing for the Case

Michael Berman, Berman & Singer, P.A., Kansas City, MO, for debtor.

Michael Flanagan, Polsinelli, White, Vardeman & Shalton, P.C., Kansas City, MO, for North American Sav.

MEMORANDUM OPINION

ARTHUR B. FEDERMAN, Bankruptcy Judge.

This is a Chapter 11 case. Debtor owns real estate which consists primarily of a multi-level parking garage and adjacent shop and office space, in downtown Kansas City, Missouri. North American Savings Bank, F.S.B., ("North American") which holds a lien on such real estate, has moved to dismiss the case, or in the alternative, for relief from the automatic stay. Movant's foreclosure sale had...

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