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IN RE 400 WALNUT ASSOCIATES, L.P.

Bankruptcy No. 10-16094 Sr. Adversary No. 10-0456.

454 B.R. 60 (2011)

In re 400 WALNUT ASSOCIATES, L.P., Debtor(s). 400 Walnut Associates, L.P., Plaintiff(s) v. 4th Walnut Associates, L.P., Ivy Realty LII, LLC, and Ivy Realty Services, LLC, Defendant(s).

United States Bankruptcy Court, E.D. Pennsylvania.

March 31, 2011.

Attorney(s) appearing for the Case

Aris J. Karalis, Esquire, Robert W. Seitzer, Esquire, Frank S. Marinas, Esquire, Maschmeyer Karalis, P.C., Philadelphia, PA, for Debtor.

Francis M. Correll, Jr., Esquire, Domenic E. Pacitti, Esquire, Margaret M. Manning, Esquire, Shahan G. Teberian, Esquire, Klehr Harrison Harvey Branzburg LLP, Philadelphia, PA, for Movants/Defendants.

OPINION

STEPHEN RASLAVICH, Chief Judge.

Introduction

Before the Court is the Motion of Defendants, 4th Walnut Associates, L.P. Ivy Realty LII, LLC, and Ivy Realty Services, LLC (hereinafter sometimes collectively referred to as 4th Walnut) to dismiss seven of the eight counts of this Adversary Proceeding. The motion is opposed by the Plaintiff/Debtor. Briefs were submitted and a hearing on the matter was held on February 10, 2011. The Court thereafter...

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