IN RE PEACHES RECORDS & TAPES, INC.

BAP No. CC 88-1719 MoVP, Bankruptcy Nos. LA 81-06676 WL, LA 81-06677 WL.

102 B.R. 193 (1989)

In re PEACHES RECORDS & TAPES, INC., Debtor. In re NEHI RECORD DISTRIBUTING, CORP., Debtor. David A. GILL, Trustee Appellee, v. CBS RECORDS, INC., Appellant.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided August 2, 1989.


Attorney(s) appearing for the Case

Richard W. Buckner, O'Melveny & Myers, Los Angeles, Cal., for appellant.

Richard K. Diamond, Danning, Gill, Gould, Diamond & Spector, Los Angeles, Cal., for appellee.

Before MOOREMAN, VOLINN and PERRIS, Bankruptcy Judges.


OPINION

MOOREMAN, Bankruptcy Judge:

This appeal arises out of the bankruptcy court's order granting summary judgment in favor of the appellee/trustee and in doing so, rejecting CBS Records' ("appellant"), claim seeking to recover interest on its allowed superpriority administrative claim. We Affirm.

FACTS

Peaches Records and Tapes, Inc., ("debtor"), was a retail record merchant with numerous outlets throughout the United States. As security...

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