District Court, S.D. New York April 9, 1982, 81 Civ. 6979 (MEL) (Market Square Associates, Ltd. v. Garfinkle (In Re Market Square Associates, Ltd.))

LASKER, District Judge.

This action arises from the bankruptcy of plaintiffs, Market Square Associates, Ltd., and Chestnut Grove Associates, Ltd., (“Market Square”) Pennsylvania limited partnerships which own and operate a shopping center in Philadelphia.

The land and buildings comprising the shopping center were owned in 1978 by PNB Mortgage and Realty Investors (“PNB”).