Legal Opinion
In Re Somero
United States Bankruptcy Court, D. Maine
Decided January 7, 1991No. 15-20404PublishedCited by 16 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
JAMES A. GOODMAN, Bankruptcy Judge.
Before the Court is the motion of Maine Savings Bank (“MSB” or “the Bank”) to prohibit the use of cash collateral. 1 The Bank claims that certain post-petition rents from the Debtors- properties are its cash collateral for which it is entitled to adequate protection.
FACTS
The facts are not seriously disputed. The relationship between the parties began on December 9, 1987 when the Bank, Debtors, and a real estate investment group, G.A.R. Properties, executed an “Assumption and Amendment of Note and Mortgage” agreement by which Debtors…
2Cases cited15 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- City of Augusta v. QuirionSupreme Judicial Court of Maine · 1981
- Noyes v. RichSupreme Judicial Court of Maine · 1862
- Carney v. AverillSupreme Judicial Court of Maine · 1912
- Emerson v. European & North American Railway Co.Supreme Judicial Court of Maine · 1877
10 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- In Re Cantonwood Associates Ltd. PartnershipUnited States Bankruptcy Court, D. Massachusetts · 1992
- Midlantic National Bank v. SourlisDistrict Court, D. New Jersey · 1992
- Federal National Mortgage Ass'n v. Dacon Bolingbrook Associates Ltd. PartnershipDistrict Court, N.D. Illinois · 1993
- Sears Savings Bank v. Tucson Industrial Partners (In Re Tucson Industrial Partners)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1991
- In Re Majestic Motel AssociatesUnited States Bankruptcy Court, D. Maine · 1991
11 more not listed; retrieve them via the Exa API.