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IN RE WILTWYCK SCHOOL

Bankruptcy No. 81 B 20476, 83 Adv. 6118.

34 B.R. 270 (1983)

In re The WILTWYCK SCHOOL, formerly known as the Wiltwyck School For Boys, Inc., and also known as Wiltwyck, Debtor.

United States Bankruptcy Court, S.D. New York.

November 1, 1983.

Attorney(s) appearing for the Case

Cadwalader, Wickersham & Taft, New York City, for The Bowery Sav. Bank.

Webster & Sheffield, New York City, for debtor in possession.

DECISION ON MOTION AND CROSS-MOTION FOR SUMMARY JUDGMENT INVOLVING PRESERVATION AND EXPENSES UNDER CODE § 506(c).

HOWARD SCHWARTZBERG, Bankruptcy Judge.

At the core of the flurry of motions for summary judgment in this adversary proceeding lies the question whether the oversecured defendant, The Bowery Savings Bank, is liable under Code § 506(c) for the costs incurred by the Chapter 11 debtor in possession...

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