IN RE ADDISON PROPERTIES LTD. PARTNERSHIP

Bankruptcy No. 95 B 8970.

185 B.R. 766 (1995)

In re ADDISON PROPERTIES LIMITED PARTNERSHIP, Debtor.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

August 29, 1995.


Attorney(s) appearing for the Case

William J. McKenna, Jr., Hopkins & Sutter, Chicago, IL, for Inland Mortgage Investment & Addison Court Limited Partnership.

Jay S. Geller, Jenner & Block, Chicago, IL, for Home Savings of America, F.A.

Melanie Rovner Cohen, Faye B. Feinstein and Michael M. Eidelman, Altheimer & Gray, Chicago, IL, for debtor.


MEMORANDUM OF DECISION

EUGENE R. WEDOFF, Bankruptcy Judge.

This Chapter 11 case is before the court on the motion of the debtor in possession to pay a $10,000 postpetition retainer to its counsel, Altheimer & Gray. The only funds available to pay the requested retainer are cash collateral, which can be used only if the interest of the creditor in the debtor's property is adequately protected. As discussed below, the interest of a secured creditor, for...

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