IN RE NORTHVIEW CORP.

BAP No. CC-90-1729/1772-VJP, Bankruptcy Nos. LA 90-05319 GM, LA 90-05232-GM and 90-05324-GM.

130 B.R. 543 (1991)

In re NORTHVIEW CORPORATION; Calmark Motel Holding Corporation; and Calmark Hospitality Systems, Inc., Debtors. GREYHOUND REAL ESTATE FINANCE COMPANY, Appellant, v. OFFICIAL UNSECURED CREDITORS' COMMITTEE and Northview Corporation, Appellees. OFFICIAL UNSECURED CREDITORS' COMMITTEE, Cross-Appellant, v. GREYHOUND REAL ESTATE FINANCE COMPANY, Cross-Appellee.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Submitted April 15, 1991.

Decided July 24, 1991.


Attorney(s) appearing for the Case

Shelton L. Freeman, Phoenix, Ariz. and Harry D. Hochman, Los Angeles, Cal., for Greyhound Real Estate Finance Co.

Don Willenburg, Los Angeles, Cal., for Northview Corp.

Mary E. Itin, Los Angeles, Cal., for Official Unsecured Creditors' Committee.

Before VOLINN, JONES and PERRIS, Bankruptcy Judges.


MEMORANDUM

OVERVIEW

These are cross-appeals from an order holding that creditor Greyhound Real Estate Finance Company ("Greyhound") has a perfected security interest in pre-bankruptcy revenues generated by two of debtor's hotels, but that it has no security interest in the post-petition revenues. Greyhound appeals the order insofar as it deprives it of a security interest in the post-petition hotel revenues. The Official Unsecured Creditors' Committee...

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