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IN RE BROOMALL PRINTING CORP.

Bankruptcy No. 87-4-3055-SD.

131 B.R. 32 (1991)

In re BROOMALL PRINTING CORP., Debtor.

United States Bankruptcy Court, D. Maryland, at Rockville.

August 19, 1991.

Attorney(s) appearing for the Case

Mark S. Goldstein, Bethesda, Md., for debtor.

J. Paul Mullen, David B.A. Demo, Lord & Whip, P.A., Baltimore, Md., for Rockwell Graphics Systems, Inc.

William R. Feldman, Rockville, Md., for Unsecured Creditors' Committee.

MEMORANDUM OF DECISION LIMITING ROCKWELL'S APPLICATION FOR POSTPETITION INTEREST, ATTORNEYS' FEES AND COSTS FROM SALE PROCEEDS

E. STEPHEN DERBY, Bankruptcy Judge.

The issue for resolution is whether, when a purchase money secured creditor has received postpetition installment payments from a Chapter 11 debtor, and when the tangible collateral is later sold for more than the remaining balance, the aggregate postpetition payments on account of the secured claim...

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