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IN RE LUNAN FAMILY RESTAURANTS LTD. PARTNERSHIP

Bankruptcy No. 94 B 21227.

192 B.R. 173 (1996)

In re LUNAN FAMILY RESTAURANTS LIMITED PARTNERSHIP, an Illinois Limited Partnership, Debtor/Debtor-in Possession.

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

January 30, 1996.

Attorney(s) appearing for the Case

Thomas E. Raleigh, Brenda Porter Helms, Drew M. Dillworth, Raleigh Helms & Finke, Chicago, IL, for Debtor.

Richard Friedman, Office of the U.S. Trustee, Chicago, IL.

James D. Newbold, Assistant Attorney General, Revenue Litigation Div., Chicago, IL.

Mitchell E. Jones, Rooks Pitts & Poust, Chicago, IL.

Gina Krol, Cohen & Krol, Chicago, IL.

Gerald Sherman, Sonnenschein Nath & Rosenthal, Chicago, IL.

Schmidt & Salzman, Chicago, IL.

Michael Renner, Baldwin Renner & Clark, Wayne, PA, for Marriott Corp.

Jerome J. Kraisinger, Marriott Corporation, Washington, DC.

Thomas S. Kiriakos, Mayer Brown & Platt, Chicago, IL, for Bank of America Illinois.

Scott N. Schreiber, Maria F. DiLorenzo, Much Shelist Freed Denenberg & Ament, Chicago, IL, for Shoney's Inc.

Howard Adelman, Adelman Gettleman & Merens, Chicago, IL, for Michael Schulson.

John C. Tishler, Tuke Yopp & Sweeney, Nashville, TN.

Edward R. Gower, Chief Counsel, Illinois Dept. of Transportation, Chicago, IL.

FINDINGS OF FACT AND CONCLUSIONS OF LAW ON DEBTORS § 506(C) MOTION

JACK B. SCHMETTERER, Bankruptcy Judge.

Introduction

On October 25, 1994, Lunan Family Restaurants Limited Partnership (the "Debtor"), an Illinois limited partnership, filed for relief under Chapter 11 of the Bankruptcy Code, 11 U.S.C. § 101 et seq. Thereafter, the Debtor continued to operate its business as debtor-in-possession, selling off its interests...

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