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IN RE 666 ASSOCIATES

Bankruptcy Nos. 84 B 11723 (PBA), 84 B 11724 (PBA), Adv. No. 85-5582-A.

57 B.R. 8 (1985)

In re 666 ASSOCIATES and Streeterville Utility Co., Inc., Debtors. David L. PAUL, Centrust Savings Bank (formerly known as Centrust Savings and Loan Association and Dade Savings and Loan Association), Centrust Trust (formerly known as the Westport Company), David Paul Properties, Inc. and 666 Associates, Plaintiffs, v. CHEMICAL BANK and Abacus Mortgage Investment Company, Defendants.

United States Bankruptcy Court, S.D. New York.

May 31, 1985.

Attorney(s) appearing for the Case

Paul Weiss Rifkind Wharton & Garrison, New York City, for plaintiffs; Robert S. Smith, of counsel.

Cravath, Swaine & Moore, New York City, for Chemical Bank; Robert Mullen, of counsel.

Finley, Kumble, Wagner, Heine, Underberg, Manley & Casey, New York City, for Abacus Mort. Inv. Co.; Gerald M. Levine, of counsel.

MEMORANDUM DECISION AND ORDER DENYING MOTION TO REMAND OR ABSTAIN AND TRANSFERRING PROCEEDING

PRUDENCE B. ABRAM, Bankruptcy Judge:

On December 18, 1984, 666 Associates ("666"), an Illinois limited partnership, filed a Chapter 11 petition in this district. Following a hearing at which numerous creditors requested a change of venue, the bankruptcy court issued an order dated January 25, 1985 in which it transferred the 666 Chapter 11 case, and that of an affiliate...

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