Legal Opinion

In Re Safeguard Self-Storage Trust, Debtor. Wattson Pacific Ventures v. Valley Federal Savings & Loan, Safeguard Self-Storage Trust

Court of Appeals for the Ninth Circuit

Decided August 17, 1993No. 91-56069PublishedCited by 21 opinions

1Opinion of the Court

RYMER, Circuit Judge:

Wattson Pacific Ventures (“WPV”) appeals the district court’s order affirming a decision of the bankruptcy court that the revenues which Safeguard Self-Storage Trust receives from leasing storage space do not constitute cash collateral under 11 U.S.C. § 363(a). WPV argues that the contrary result is compelled under California law because the storage agreements are leases rather than licenses. We have jurisdiction pursuant to 28 U.S.C. § 168(d) and § 1291, and we reverse.

I

In February 1988, Ned Evans purchased a self-storage warehouse in Arcadia, California (the “Safeguard…

2Cases cited16 opinions

  1. Butner v. United StatesSupreme Court of the United States · 1979
  2. United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
  3. In Re Vylene Enterprises, Inc., Debtor. Vylene Enterprises, Inc. v. Naugles, Inc.Court of Appeals for the Ninth Circuit · 1992
  4. Kinnison v. Guaranty Liquidating Corp.California Supreme Court · 1941
  5. Beckett v. City of Paris Dry Goods Co.California Supreme Court · 1939

11 more not listed; retrieve them via the Exa API.

3Cited by21 opinions

  1. Center for Biological Diversity v. United States Bureau of Land ManagementCourt of Appeals for the Ninth Circuit · 2012
  2. Spokane Railway Credit Union v. Gonzales (In Re Gonzales)District Court, E.D. Washington · 1994
  3. Wiersma v. O.H. Kruse Grain & Milling (In Re Wiersma)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2005
  4. Mutual Life Insurance Co. of New York v. Patrician St. Joseph Partners Ltd. Partnership (In Re Patrician St. Joseph Partners Ltd. Partnership)District Court, D. Arizona · 1994
  5. 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

16 more not listed; retrieve them via the Exa API.

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