In re Senior Hous. Alternatives Inc.
Jan
19
2011
Ruling
Income stream assigned to creditor's predecessor in interest was "cash collateral" and could be used by debtors.
Procedural posture
A secured creditor of Chapter 11 debtor filed a motion to prohibit the debtor's use of cash and for relief from the automatic stay. The debtor filed a motion to determine that the cash was free and clear of the creditor's lien or, alternatively, for use of cash collateral if it was subject to the creditor's lien.
ABI Membership is required to access the full summary of In re Senior Hous. Alternatives Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: