Steinberg v. Crossland Mortgage Corp. (In re Park at Dash Point, L.P.)
Court of Appeals for the Ninth Circuit
1Opinion of the Court
LEAVY, Circuit Judge:
The trustee for a Chapter 7 debtor in bankruptcy appeals from the district court’s order upholding the bankruptcy court’s determination that a mortgagee and assignee of rents had a perfected security interest in those rents and was entitled to enforce its assignment thereof by sequestering the money as cash collateral of the bankruptcy estate. We reject the trustee’s arguments and affirm.
FACTS AND PRIOR PROCEEDINGS1
In August 1987 Crossland Mortgage Corporation (“Crossland”) lent $10,850,000 to Park at Dash Point Limited Partnership (“PDP” or “debtor”) for the development…
2Cases cited12 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- In Re F.D. Processing, Inc.Washington Supreme Court · 1992
- Overton v. Economic Assistance AuthorityWashington Supreme Court · 1981
- Howell v. Spokane & Inland Empire Blood BankWashington Supreme Court · 1990
- State v. JonesWashington Supreme Court · 1988
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3Cited by4 opinions
- Boykin v. Boeing Co.Court of Appeals for the Ninth Circuit · 1997
- Hardin v. Gianni (In Re King Street Investments, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1998
- Bankruptcy Receivable Management v. Lopez (In Re Lopez)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2002
- In Re Park at Dash PointCourt of Appeals for the Ninth Circuit · 1993