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IN RE ASSOCIATION CENTER LTD. PARTNERSHIP

Bankruptcy No. 88-00025.

87 B.R. 142 (1988)

In re ASSOCIATION CENTER LIMITED PARTNERSHIP, Debtor.

United States Bankruptcy Court, W.D. Washington, at Seattle.

May 17, 1988.

Attorney(s) appearing for the Case

Edwin K. Sato, Shulkin, Hutton & Bucknell, Inc., P.S., Seattle, Wash., for debtor.

Thomas L. Palotas, Gordon, Thomas, Honeywell, Malanca, Peterson & Daheim, Seattle, Wash., for Traveler's.

Peter LeSourd, The Siqueland Partnership, Seattle, Wash., for Santys.

OPINION ON MOTION TO PAY OVER RENTS OR, IN THE ALTERNATIVE, FOR A CASH COLLATERAL ORDER TO SEQUESTER RENTS

SAMUEL J. STEINER, Chief Judge.

FACTS

This matter is before the Court on the motion of The Traveler's Insurance Company ("Traveler's") to pay over or to sequester rents, and on the cross-motion of the debtor for authority to use cash collateral.

The relevant facts show that the debtor's only asset is a four-story office building located...

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