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IN RE PAYLESS CASHWAYS, INC.

No. 01-42643.

287 B.R. 482 (2002)

In re PAYLESS CASHWAYS, INC., Debtor.

United States Bankruptcy Court, W.D. Missouri.

December 24, 2002.

Attorney(s) appearing for the Case

Kathryn B. Bussing, Esq., Blackwell Sanders Peper Martin, Thomas M. Franklin, Esq., Kansas City, MO, for Silverman Consulting.

Dennis R. Dow, Esq., Mark Moedritzer, Esq., Kansas City, MO, Carey D. Schreiber, Esq., Clifford Chance Rogers & Wells LLP, New York City, for Canadian Imperial Bank.

MEMORANDUM OPINION

ARTHUR B. FEDERMAN, Chief Judge.

Silverman Consulting, Inc., the Chapter 11 trustee for Payless Cashways, Inc., filed a motion to determine that oversecured creditors, including Oaktree Capital Management, LLC, are not entitled to collect default interest. This is a core proceeding under 28 U.S.C. § 157(b)(2)(B) over which the Court has jurisdiction pursuant to 28 U.S.C. § 1334(b), 157(a), and 157(b)(1). The following...

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