- 11 U.S.C.
In re George W. Park Seed Co.
Nov
12
2010
Ruling
Trustee granted permission to use cash collateral without provision of additional adequate protection to creditor.
Procedural posture
Debtors filed separate petitions under Chapter 11 of the Bankruptcy Code, and the court consolidated the cases for joint administration and appointed the same Chapter 11 trustee for all cases. The trustee filed a motion seeking permission under 11 U.S.C.S. § 363 to use cash collateral through January 2011, a bank filed an objection to the trustee's motion, and a person who was part owner of the debtors joined the bank's objection.
ABI Membership is required to access the full summary of In re George W. Park Seed Co. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: