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IN RE McGREALS

Bankruptcy No. 96-11372SR.

201 B.R. 736 (1996)

In re The McGREALS, a partnership, Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

October 28, 1996.

Attorney(s) appearing for the Case

Kurt F. Gwynne, Pepper, Hamilton & Scheetz, Philadelphia, PA, for Debtor.

William Levant, Lesser & Kaplin, P.C., Blue Bell, PA, for National Penn Bank.

Magdaline D. Coleman, Sagot, Jennings, & Sigmond, Philadelphia, PA, for Teamsters Pension Trust Fund of Philadelphia.

Barbara T. Dubrow, Sherr, Joffe & Zuckerman, P.C., West Conshohocken, PA, for MidLantic Bank, N.A.

Frederic J. Baker, Asst. U.S. Trustee, Office of the U.S. Trustee, Philadelphia, PA.

OPINION

STEPHEN RASLAVICH, Bankruptcy Judge.

Before the Court is the Motion of debtor the McGreals (the "Debtor") for an Order declaring that the Debtor's properties do not constitute "single asset real estate" within the meaning of §§ 101(51B) and 362(d)(3) of the United States Bankruptcy Code ("Code"), 11 U.S.C. §§ 101-1330, or in the alternative, an Order extending the time period set forth in Code § 362(d)(3) within which...

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