IN RE: 400 WALNUT ASSOCIATES, L.P.
| 400 WALNUT ASSOCIATES, L.P. |
| 4th WALNUT ASSOCIATES, L.P., IVY REALTY LII, LLC and IVY REALTY SERVICES, LLC |
| GEORGE M. CONWAY and FREDERICK BAKER |
| 4TH WALNUT ASSOCIATES, L.P. |
| 2:2011cv07439 |
| December 2, 2011 |
| US District Court for the Eastern District of Pennsylvania |
| Philadelphia Office |
| Philadelphia |
| JAN E. DUBOIS |
| Banks and Banking |
| 11 U.S.C. ยง 101 |
| None |
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Filing
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ORDERED THAT THE CERTIFICATE OF APPEAL FROM OPINION AND ORDER OF BANKRUPTCY JUDGE DATED 10/20/2011 ENTERED ON 10/20/2011 AND 10/20/2011 JUDGMENT ENTERED AGAINST 4TH WALNUT ASSOCIATES, L.P., IS TREATED AS A MOTION FOR LEAVE TO APPEAL AND IS GRANTED. T HE JUDGMENT OF THE BANKRUPTCY COURT DATED 10/20/2011 DENYING THE CLAIM OF 4TH WALNUT ASSOCIATES, L.P., FOR PRE-PETITION DEFAULT INTEREST ACCRUING BETWEEN 5/1/2009 AND 7/23/2010 IS REVERSED. THE CASE IS REMANDED TO THE BANKRUPTCY COURT FOR FURTHER PRO CEEDINGS CONSISTENT WITH THE ATTACHED MEMO, INCLUDING A DTERMINATION AS TO WHETHER 4TH WALNUST ASSOCIATES, L.P. IS ENTITLED TO PRE-PETITION DEFAULT INTEREST ACCRUING BETWEEN THE DATE OF THE DEFAULT AND 6/18/2010 THE DATE ON WHICH 4TH WALNUT ASSOCIATES, L.P. PURCHASED THE LOAN AT ISSUE. IT IS FURTHER ORDERED THAT THE CLERK OF COURT SHALL MARK THE CASE CLOSED. SIGNED BY HONORABLE JAN E. DUBOIS ON 6/7/2012. 6/8/2012 ENTERED AND COPIES E-MAILED.(sg, )
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