IN RE HARI RAM, INC.

No. 1:13-bk-06524MDF.

507 B.R. 114 (2014)

In re HARI RAM, INC., Debtor-in-Possession. Hari Ram, Inc., Movant v. Magnolia Portfolio, LLC, Respondent.

United States Bankruptcy Court, M.D. Pennsylvania.

Signed March 5, 2014.


Attorney(s) appearing for the Case

Henry W. Van Eck , Mette, Evans, & Woodside, Harrisburg, PA, for Debtor.


OPINION

MARY D. FRANCE, Chief Judge.

Before the Court is the motion of Hari Ram, Inc., ("Debtor") for the use of cash collateral (the "Motion"). Debtor concedes that Magnolia Portfolio, LLC ("Magnolia") holds a mortgage and is perfected by an assignment of rents and a UCC financing statement. Debtor asserts, however, that the hotel room revenues are property of the estate and that it has offered to provide adequate protection for Magnolia's interest...

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