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IN RE PALOMAR TRUCK CORP.

Bankruptcy No. 88-02459-LM11, BAP No. SC-89-1249-VJR.

116 B.R. 169 (1990)

In re PALOMAR TRUCK CORPORATION, dba Palomar R.V., Debtor. NORTH COUNTY JEEP AND RENAULT, INC., Appellant, v. GENERAL ELECTRIC CAPITAL CORPORATION, Appellee.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided July 23, 1990.

Attorney(s) appearing for the Case

No Appearance by appellant.

Gregory B. Beam, Santa Ana, Cal., for appellee.

Before VOLINN, JONES and RUSSELL, Bankruptcy Judges.

OPINION

VOLINN, Bankruptcy Judge:

OVERVIEW

Appellant North County Jeep & Renault incurred losses while independently operating the debtor's business. It thereafter moved for an order allowing those losses as an administrative expense and sought payment of those losses from a secured creditor, appellee General Electric Credit Corporation, from the proceeds of secured property under 11 U.S.C. § 506(c).1 The bankruptcy...

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