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IN RE WEST POINTE LTD. PARTNERSHIP

BAP Nos. 98-6003EM and 98-6005 to 6009EM.

215 B.R. 865 (1998)

In re WEST POINTE LIMITED PARTNERSHIP dba West Pointe Apartments, a Missouri Limited Partnership; Northwest Village Limited Partnership dba Northwest Village Apartments, a Missouri Limited Partnership; Grandview Hills Limited Partnership dba Grandview Hills Apartments, a Missouri Limited Partnership; Park Ridge Apartments Limited Partnership dba Park Ridge Apartments, a Missouri Limited Partnership; Lamplite Limited Partnership dba Springwood Apartments, a Missouri Limited Partnership Debtors. WEST POINTE LIMITED PARTNERSHIP dba West Pointe Apartments, a Missouri Limited Partnership; Northwest Village Limited Partnership dba Northwest Village Apartments, a Missouri Limited Partnership; Grandview Hills Limited Partnership dba Grandview Hills Apartments, a Missouri Limited Partnership; Park Ridge Apartments Limited Partnership dba Park Ridge Apartments, a Missouri Limited Partnership; Lamplite Limited Partnership dba Springwood Apartments, a Missouri Limited Partnership Appellants/Cross-Appellees, v. William FRANKE; Gannon Management Company of Missouri Appellees/Cross-Appellants, GP19; Prairie Properties, LLC; Susman, Schermer, Rimmel & Shifrin; Cynthia McNeill Appellees.

United States Bankruptcy Appellate Panel of the Eighth Circuit.

Decided February 4, 1998.

Attorney(s) appearing for the Case

Thomas G. Brendsen, St. Louis, MO, for Cynthia McNeill.

Norah J. Ryan, St. Louis, MO, for Susman & Schermer.

Gregory A. Lowry, Dallas, TX, Phyllis Schauffler, St. Louis, MO, for Prairie Properties.

Terry Pabst, St. Louis, MO, for Franke & Gannon Management Co. and GP19.

Before KOGER, Chief Judge, SCOTT, and DREHER, Bankruptcy Judges.

DREHER, Bankruptcy Judge.

This case comes before the Court on appeal from a decision of the United States Bankruptcy Court for the Eastern District of Missouri valuing the assets and liabilities of the bankruptcy estate of joint Chapter 11 debtors. The cases were commenced on September 12, 1990, by the filing of five separate voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. On October 10, 1990, the bankruptcy court ordered that...

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