IN RE MOSELLO

Bankruptcy No. 93 B 21859.

195 B.R. 277 (1996)

In re Charles J. MOSELLO and Patricia Mosello, Debtors.

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

May 9, 1996.


Attorney(s) appearing for the Case

Leonard E. Lombardi, Pleasantville, NY, for Debtors.

Wilson, Elser, Moskowitz, Edelman & Dicker by David L. Tillem and Melissa A. Hager, White Plains, NY, for Acquvest Company.


DECISION ON CROSS-MOTIONS BY DEBTORS AND BY SECURED CREDITOR ACQUVEST COMPANY

ADLAI S. HARDIN, Jr., Bankruptcy Judge.

In this Chapter 11 case the debtors seek an order (1) permitting them to borrow up to $350,000 under 11 U.S.C. § 364(d), (2) granting the proposed lender Monetary Advisory Corp. ("MAC") a security interest senior to all existing and future security interests and statutory liens on the debtors' real property located in the...

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