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IN RE MALLARD POND LTD.

Bankruptcy No. 96-08827.

217 B.R. 782 (1997)

In re MALLARD POND LIMITED, Debtor.

United States Bankruptcy Court, M.D. Tennessee.

October 29, 1997.

Attorney(s) appearing for the Case

Linda W. Knight, Gullett, Sanford, Robinson & Martin, P.L.L.C., Nashville, TN, for Debtor.

David E. Lemke, Robert A. Guy, Jr., Waller Lansden Dortch & Davis, P.L.L.C., Nashville, TN, for Condor One, Inc.

Michael Collins, Asst. U.S. Trustee, Office of U.S. Trustee, Nashville, TN.

MEMORANDUM

ALETA A. TRAUGER, Bankruptcy Judge.

I. Facts

A. Project History

Mallard Pond Limited is a limited partnership that was formed, pursuant to the Tennessee Uniform Limited Partnership Act, on July 19, 1985. The general partner is Beuerlein, Wunderlich & Company, the partners of which are James M. Beuerlein and Walter G. Wunderlich, Jr. The partnership was formed for the purpose of acquiring, leasing, and eventually...

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