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IN RE FINANCIAL CTR. ASSOC. OF EAST MEADOW, L.P.

Bankruptcy No. 191-16391-352, Adv. No. 191-1595.

140 B.R. 829 (1992)

In re FINANCIAL CENTER ASSOCIATES OF EAST MEADOW, L.P., Debtor. FINANCIAL CENTER ASSOCIATES OF EAST MEADOW, L.P., Plaintiff, v. TNE FUNDING CORPORATION, Defendant.

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

May 14, 1992.

Attorney(s) appearing for the Case

Sachs & Kamhi, P.C., Carle Place, N.Y., for debtor.

Windels, Marx, Davies & Ives, New York City, for TNE Funding Corp.

DECISION ON MOTION TO DISMISS THE CASE AND THE ADVERSARY COMPLAINT, TO LIFT THE AUTOMATIC STAY AND FOR ADEQUATE PROTECTION

MARVIN A. HOLLAND, Bankruptcy Judge:

This opinion deals only with three of the issues raised by the parties: (i) Under New York law is the appointment of a receiver of rents and profits considered perfection of an assignment of rents as additional security contained in a mortgage of real property; (ii) Can the appointment of a receiver...

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