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IN RE BLOOMINGDALE PARTNERS

Bankruptcy No. 91 B 11678.

170 B.R. 984 (1994)

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

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

August 15, 1994.

Attorney(s) appearing for the Case

Douglas J. Lipke, Robert J. Patton, Vedder, Price, Kaufman & Kammholz, Norman B. Berger, James T. Markus, 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, 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.

MEMORANDUM OPINION

RONALD BARLIANT, Bankruptcy Judge.

I. INTRODUCTION

The entry of this opinion marks what appears to be the final chapter in this unique single-asset bankruptcy case. The secured creditor, John Hancock Mutual Life Insurance Company ("Hancock"), moved to strike the most recent plan of reorganization filed by Bloomingdale Partners (the "Debtor") and to dismiss the case...

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