In re R & G Props.

Ruling: 
Creditor entitled to adequate protection including a lien on surplus rents for debtor's continued use of cash collateral.
Procedural posture: 
The debtor filed for chapter 11 bankruptcy relief. A secured creditor filed a fourth motion under 11 U.S.C.S. § 361, seeking adequate protection payments and replacement liens as adequate protection for the continued use of its cash collateral for the operation and maintenance of the debtor's five mobile home parks.
Issue: 
ABI Membership is required to access the full summary of In re R & G Props.. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on July 06,2009, LexisNexis #0909-075