United States ex rel. Small Business Administration v. Friend (In re A. E. I. Corp.)

OPINION

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

The Small Business Administration [hereinafter referred to as SBA], a secured creditor of the debtor, has filed a complaint to *99modify the stay pursuant to 11 U.S.C. § 362 (1979). Two issues have been presented to the Court for resolution: first, whether the SBA should be subject to the equitable doctrine of marshaling of assets, and first satisfy its security interest from the assets pledged as personal guarantees of officers of the corporation before reclaiming corporate assets; second, whether the SBA is entitled to certain rents received from…