In re Las Vegas Monorail Co.

OPINION ON CASH COLLATERAL MOTIONS

BRUCE A. MARKELL, Bankruptcy Judge.

Table of Contents

I. INTRODUCTION .322

II. Facts.322

*322A. Background . CO to co

B. Industrial Revenue Bond Financing. CO to co

C. LVMC’s Indebtedness Under the Financing Agreement CO to ^

D. Cash Flow Under the Indenture. CO to or

III. The Legal Position of the PARTIES . CO to cn

A. The General Rules Regarding Cash Collateral. CO to cn

1. Adequate Protection . CO to os

2. Identification of “Cash Collateral”: The Two Components CO to -3

3. Burdens of Establishing What is Cash Collateral and of Providing Adequate Protection.

B. Security…