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IN RE 1111 PROSPECT PARTNERS, L.P.

Bankruptcy No. 96-203-JTF.

204 B.R. 222 (1996)

In re 1111 PROSPECT PARTNERS, L.P., a California Limited Partnership, Tax I.D. Number: 33-0461930, Debtor. SBKC SERVICE CORPORATION, Plaintiff, v. 1111 PROSPECT PARTNERS, L.P., a California Limited Partnership; William Jeffery III, an individual; and Kristin L. Jeffery, an individual, Defendants.

United States Bankruptcy Court, D. Kansas.

November 18, 1996.

Attorney(s) appearing for the Case

Cynthia F. Grimes of Grimes & Rebein, L.C., Lenexa, KS, and Elizabeth Drill Nay and Louis A. Cohn of Lewis, Rice & Fingersh, L.C., Kansas City, MO, and Leawood, KS, for SBKC Service Corporation.

Daniel M. Dibble, William C. Odle, and Brian T. Fenimore of Lathrop & Gage, L.C., Kansas City, MO, and Terence L. Bingman of Luce, Forward, Hamilton & Scripps, L.L.P., San Diego, CA, for 1111 Prospect Partners, L.P., William Jeffery, III and Kristin L. Jeffery.

MEMORANDUM OPINION1

JOHN T. FLANNAGAN, Bankruptcy Judge.

The plaintiff in this removed adversary proceeding, SBKC Service Corporation, will be referred to as "SBKC." It is a subsidiary and assignee of Security Bank of Kansas City, which will be referred to simply as "Security Bank." The defendant 1111 Prospect Partners, L.P., a limited partnership, will be referred to as "Prospect Partners." The defendants William Jeffery...

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