In Re Orange Tree Associates, Ltd.

961 F.2d 1445 60 USLW 2746 , Bankr. L. Rep. P 74,556 In re ORANGE TREE ASSOCIATES, LTD., Debtor. DALE C. ECKERT CORPORATION, Appellant, v. ORANGE TREE ASSOCIATES, LTD.; New West Federal Savings and Loan Association, successor to American Savings and Loan Association, Appellees. No. 90-56181. United States Court of Appeals, Ninth Circuit. Argued and Submitted Oct. 8, 1991. Decided April 20, 1992. Kevin P. Duthoy, Bewley, Lassleben & Miller, Whittier, Cal., for appellant Dale C. Eckert Corp. Theodor C. Albert, Buchalter, Nemer, Fields & Younger, Newport Beach, Cal., for appellee New West Federal Sav. and Loan Ass'n. Judith Ilene Bloom, Tobin & Tobin, Los Angeles, Cal., for appellee Orange Tree Associates, Ltd. Before: BROWNING, ALARCON and T.G. NELSON, Circuit Judges. JAMES R. BROWNING, Circuit Judge: 1 * Orange Tree Associates is a limited partnership formed to develop a 100-unit condominium complex in Long Beach, California. Before the condominium project was completed, Orange Tree filed a petition for Chapter 11 bankruptcy in the Los Angeles bankruptcy court. 2 Orange Tree's principal creditors were the bank that financed the project, whose successor in interest is…