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IN RE VAN NESS ASSOCIATES, LTD.

Bankruptcy No. 93-3-3353 TC. Adv. No. 93-3-579 DM.

173 B.R. 661 (1994)

In re VAN NESS ASSOCIATES, LTD., a California limited partnership, Debtor. SWISS BANK CORPORATION, Plaintiff, v. VAN NESS ASSOCIATES, LTD., et al., Defendants.

United States Bankruptcy Court, N.D. California.

October 18, 1994.

Attorney(s) appearing for the Case

Alan M. Koschik, Pettit & Martin, San Francisco, CA, for plaintiff.

Craig Stuppi, Carl R. Goldberg, Bronson, Bronson & McKinnon, San Francisco, CA, for defendant Van Ness Associates, Ltd.

Calvin House, Fulbright & Jaworski, Los Angeles, CA, for defendant Shawmut Bank, N.A.

MEMORANDUM DECISION

DENNIS MONTALI, Bankruptcy Judge.

I. INTRODUCTION

Plaintiff Swiss Bank Corporation ("Swiss Bank"), as agent for Mitsubishi Bank Limited, Dresdner Bank AG, Caisse Nationale de Credit Agricole, and Instituto Bancario San Paolo di Torino (collectively, "Banks") filed a complaint seeking a declaration that Banks' lien on a 3/8 inch strip of real property (the "Strip") currently owned by debtor Van Ness Associates ("VNA") is valid...

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