In re Buttermilk Towne Ctr. LLC

Ruling that single asset real estate debtor's use of rents as cash collateral without equity cushion provided adequate protection reversed.
Procedural posture: 
Appellant creditor sought review of two orders from the United States Bankruptcy Court for the Eastern District of Kentucky, which held that appellee, a single asset real estate debtor, provided adequate protection for the use of rents as cash collateral under 11 U.S.C.S. § 363 without an equity cushion in the property.
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Commercial case opionion summary, case decided on December 23,2010, LexisNexis #0111-076