IN RE SACRAMENTO REAL ESTATE CORP.

Bankruptcy Nos. 96 A 00394, 96 B 3992, 96 B 4120 and 96 B 4121.

201 B.R. 225 (1996)

In re SACRAMENTO REAL ESTATE CORPORATION, Sacramento Crushing Corporation, Sacramento Corporation, Debtors. SACRAMENTO REAL ESTATE CORPORATION, Sacramento Crushing Corporation, and Sacramento Corporation, Plaintiffs, v. FIRST CHICAGO BANK, RAVENSWOOD, Defendant.

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

October 8, 1996.


Attorney(s) appearing for the Case

Harold L. Moskowitz, Chicago, IL, for Plaintiffs/Debtors.

William L. Kabaker, Donald F. Engel, Schwartz & Freeman, Chicago, IL, for Defendant First National Bank of Chicago/Ravenswood.


FINDINGS OF FACT AND CONCLUSIONS OF LAW

JACK B. SCHMETTERER, Bankruptcy Judge.

Background

This Adversary proceeding1 relates to bankruptcy proceedings filed by Sacramento Corporation ("Sacramento") and its subsidiaries, Sacramento Crushing and Sacramento Real Estate Corporation ("Debtors" or the "Sacramento entities") under Chapter 11 of the Bankruptcy Code (the "Code"), 11 U.S.C. § 101 et seq...

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