Zeeway Corp. v. Rio Salado Bank (In Re Zeeway Corp.)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
OPINION
Before ASHLAND, ELLIOTT, and MEYERS, Bankruptcy Judges. ASHLAND, Bankruptcy Judge:
Debtor appeals the order of the bankruptcy court prohibiting the use of income generated from debtor’s business activities. The court determined that the income was cash collateral within 11 U.S.C. § 363(c) and was subject to the rents, issues, and profits clause of the deed of trust held by appellee Rio Salado Bank. We reverse.
FACTS
Before bankruptcy, the Zeeway Corporation sold real property, commonly known as the Manzanita Speedway, to Bill Krug Enterprises. Krug executed a deed of trust and promissory…
2Cases cited7 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- In Re American Mariner Industries, Inc., Debtor. Crocker National Bank v. American Mariner Industries, Inc., Debtor-AppelleeCourt of Appeals for the Ninth Circuit · 1984
- Wolters Village, Ltd. v. Village Properties, Ltd.Court of Appeals for the Fifth Circuit · 1984
- Waldron v. Northwest Acceptance Corp. (In Re Johnson)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1986
- United States v. PS Hotel Corp.District Court, E.D. Missouri · 1975
2 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
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- In Re Safeguard Self-Storage Trust, Debtor. Wattson Pacific Ventures v. Valley Federal Savings & Loan, Safeguard Self-Storage TrustCourt of Appeals for the Ninth Circuit · 1993
- In Re GGVXX, Ltd.United States Bankruptcy Court, D. Colorado · 1991
- Scottsdale Medical Pavilion v. Mutual Benefit Life Insurance Co. in Rehabilitation (In Re Scottsdale Medical Pavilion)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1993
11 more not listed; retrieve them via the Exa API.