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IN RE MULLEN

Bankruptcy No. 93-41008-JFQ.

172 B.R. 473 (1994)

In re G. Burton MULLEN, Debtor.

United States Bankruptcy Court, D. Massachusetts.

September 28, 1994.

Attorney(s) appearing for the Case

Andrew G. Lizotte, Donald F. Farrell, Jr., Hanify & King Professional Corp. Boston, MA, for G. Burton Mullen (Debtor).

Charles R. Bennett, Kevin J. Simard, Riemer & Braunstein, Boston, MA, for BayBank (Creditor).

James Barnhill, Peters, Barnhill & Rodolakis, Worcester, MA, for Official Unsecured Creditors Committee.

Peter J. Stocks, Atty. Advisor, Dept. of Justice, U.S. Trustee's Office, Worcester, MA, for U.S. trustee (Party in interest).

OPINION

JAMES F. QUEENAN, Jr., Chief Judge.

BayBank asserts it lacks adequate protection of its security interest in rents from four commercial properties included under its mortgages and rent assignments. It moves for an order requiring G. Burton Mullen (the "Debtor") to turn over to it all "net rents" (after expenses). Alternatively, BayBank requests an order requiring the Debtor to "segregate" the monthly net rents, presumably through creation...

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