IN RE REDDINGTON/SUNSTAR LTD. PARTNERSHIP

Bankruptcy No. B-87-3197-PHX-SSC, Adv. No. "B".

100 B.R. 1 (1988)

In re REDDINGTON/SUNSTAR LIMITED PARTNERSHIP, Debtor. The MERCHANTS BANK, Movant, v. REDDINGTON/SUNSTAR LIMITED PARTNERSHIP and Union Planters National Bank, Respondents.

United States Bankruptcy Court, D. Arizona.

December 27, 1988.


Attorney(s) appearing for the Case

Peter J. Rathwell, Craig J. Bolton, Snell & Wilmer, Phoenix, Ariz., for The Merchants Bank.

Sidney Diamond, El Paso, Tex., James LaGanke, Phoenix, Ariz., for debtor.

Susan G. Boswell, John R. Clemency, Streich, Lang, Weeks & Cardon, Phoenix, Ariz., for Great American First Sav. Bank FSB, and The Merchants Bank.

James M. Marlar, Teilborg, Sanders & Parks, Phoenix, Ariz., for various limited partners.

Michael P. Lane, Bentley, Brandes & Brandes, Phoenix, Ariz., for various limited partners.


MEMORANDUM DECISION AND ORDER VACATING THE STAY

SARAH SHARER CURLEY, Bankruptcy Judge.

On June 17, 1988, The Merchants Bank filed its Motion to Vacate the Stay, and Motion for Turnover of Certain Proceeds. On July 5, 1988, the Debtor filed a Response, requesting a Final Hearing. On July 20, 1988, The Merchants Bank filed a Reply.

At a Preliminary Hearing before this Court on July 27, 1988, counsel for The Merchants Bank advised the Court that the...

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