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IN RE SALEM PLAZA ASSOCIATES

Bankruptcy No. 91-B-15884 (FGC).

135 B.R. 753 (1992)

In re SALEM PLAZA ASSOCIATES, Debtor.

United States Bankruptcy Court, S.D. New York.

January 17, 1992.

Attorney(s) appearing for the Case

R.R. Leinwand of Robinson Brog Leinwand Reich Genovese & Gluck, P.C., New York City, for debtor, Salem Plaza Associates.

L.R. Bailey, Jr., of Walker & Bailey, New York City, for secured creditor Resolution Trust Corp. (RTC).

FRANCIS G. CONRAD, Bankruptcy Judge.*

Debtor has applied for an order1 (a) declaring that RTC, receiver for First Federal Savings Bank, is not entitled to receive postpetition rents from Debtor's Minot, North Dakota, shopping center under an assignment of rents; and (b) authorizing Debtor to use such rents to pay the expenses of operating the shopping center. Because both the operative language of the parties...

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