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IN RE GREEN CORP.

Bankruptcy No. 92-10903.

154 B.R. 819 (1993)

In re The GREEN CORPORATION, Debtor. CASCO NORTHERN BANK, N.A., Movant, v. The GREEN CORPORATION, Respondent.

United States Bankruptcy Court, D. Maine.

May 18, 1993.

Attorney(s) appearing for the Case

Thomas M. Brown, Eaton, Peabody, Bradford & Veague, Bangor, ME, for debtor/respondent.

George J. Marcus, Pierce, Atwood, Scribner, et al., Portland, ME, for Casco Northern Bank/movant.

MEMORANDUM OF DECISION

JAMES B. HAINES, Jr., Bankruptcy Judge.

INTRODUCTION

A bankruptcy court in this district recently held that motel room revenues were not "rents" within the meaning of Bankruptcy Code § 552(b)1 and assignment of rent clauses executed in favor of a secured lender by four Chapter 11 debtors. In re Majestic Motel Assoc., 131 B.R...

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