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IN RE THORNWOOD ASSOCIATES

Bankruptcy No. 1-92-01943. Civ. A. No. 1:CV-93-640.

162 B.R. 438 (1993)

In re THORNWOOD ASSOCIATES, Debtor. THORNWOOD ASSOCIATES, Appellant, v. The GREATER NEW YORK SAVINGS BANK, Appellee.

United States District Court, M.D. Pennsylvania.

September 10, 1993.

Attorney(s) appearing for the Case

Virginia P. Henschel, Rhoads & Sinon, Harrisburg, PA, for Thornwood Associates.

Lee Allen Zoeller, Harrisburg, PA, Arthur S. Gabinet, Eric R. Green, Dechert, Price & Rhoads, Philadelphia, PA, and Richard C. Kariss, Dechert Price & Rhoads, Harrisburg, PA, for Greater New York Sav. Bank.

Warren L. Forman, Forman & Ziff, Brooklyn Heights, NY, for Stanley Gallant.

MEMORANDUM

CALDWELL, District Judge.

We are considering an appeal from the order of the United States Bankruptcy Court for the Middle District of Pennsylvania filed March 31, 1993, and exercise appellate jurisdiction according to 28 U.S.C. § 158.

I. Facts and Procedural History

Appellant, Thornwood Associates ("Thornwood"), is a Pennsylvania limited partnership.1 On March 30, 1987, Appellant...

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