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IN RE THUNDERBIRD INN, INC.

Bankruptcy No. B-92-12799-PHX-GBN.

151 B.R. 224 (1993)

In re THUNDERBIRD INN, INC., dba Best Western Thunderbird Suites, Debtor.

United States Bankruptcy Court, D. Arizona.

February 17, 1993.

Attorney(s) appearing for the Case

Carolyn J. Johnsen, Hebert, Schenk, Johnsen & Dake, P.C., Phoenix, AZ, for debtor.

James E. Shively, Teilborg, Sanders & Parks, P.C., Phoenix, AZ, for Resolution Trust Corp. as Receiver for Pima Federal Sav. and Loan Assn.

Adrianne Kalyna, U.S. Trustee, Phoenix, AZ.

MEMORANDUM OF DECISION

GEORGE B. NIELSEN, Jr., Bankruptcy Judge.

This contested matter arises following the motion of Chapter 11 debtor in possession Thunderbird Inn, Inc. ("debtor") to use revenues that may be the cash collateral of secured creditor Resolution Trust Corporation ("RTC"). This Court will grant the motion, finding, under Bankruptcy Appellate Panel ("BAP") authority, that security interests in post-petition hotel revenues are cut off under...

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