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IN RE PITTSFORD POLO CLUB, INC.

Bankruptcy No. 93-21185.

188 B.R. 339 (1995)

In re PITTSFORD POLO CLUB, INC., Debtor.

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

November 9, 1995.

Attorney(s) appearing for the Case

Warren H. Heilbronner, Rochester, NY, for Mortgagees Boylan, Brown, Code, Fowler, Vigdor & Wilson.

Michael E. O'Neill, of counsel, Phillips, Lytle, Hitchcock, Blaine & Huber, Rochester, NY, for Pittsford Polo Club, Inc., et al.

William C. Rieth, Rochester, NY, for Debtor.

DECISION & ORDER

JOHN C. NINFO, II, Bankruptcy Judge.

BACKGROUND

On May 20, 1993, the debtor, Pittsford Polo Club, Inc. ("Pittsford Polo"), filed a petition initiating a Chapter 11 case. On its schedules, Pittsford Polo listed its ownership of four parcels of real property as being covered by a Note and first mortgage (the "Adams Group Mortgage"), dated March 11, 1992 and recorded in the Office of...

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