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IN RE GLENWOOD ASSOCIATES

Bankruptcy No. 91-11573.

134 B.R. 1012 (1991)

In re GLENWOOD ASSOCIATES, Debtor.

United States Bankruptcy Court, D. Rhode Island.

November 15, 1991.

Attorney(s) appearing for the Case

Edward T. Hogan, East Providence, R.I., for debtor.

Russell D. Raskin, Raskin & Berman, Providence, R.I., for Michael Grieco.

Joseph M. DiOrio, Hinckley, Allen, Snyder & Comen, Providence, R.I., for Eastland Sav. Bank.

DECISION AND ORDER

ARTHUR N. VOTOLATO, Bankruptcy Judge.

Michael Grieco purchased the property designated as Unit A3, 20 Place Condominium, located at 49-51 Cedar Swamp Road, Smithfield, Rhode Island, at a foreclosure sale on June 11, 1991, and he filed the foreclosure deed for recording at 2:00 p.m. on June 13, 1991. The Debtor, which filed its Chapter 11 petition at 10:30 a.m., also on June 13, 1991, contends that the bankruptcy filing, prior in time to...

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