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IN RE TOWNSIDE PARTNERS, LTD.

Bankruptcy No. 7-90-00636.

125 B.R. 8 (1991)

In re TOWNSIDE PARTNERS, LTD., Debtor.

United States Bankruptcy Court, W.D. Virginia, Roanoke Division.

January 17, 1991.

Attorney(s) appearing for the Case

William B. Hopkins, Jr., Roanoke, Va., for Townside Partners, Ltd.

M. Christian Orndorff, Roanoke, Va., for Taubenfeld and Zuckerbrod.

MEMORANDUM OPINION

ROSS W. KRUMM, Bankruptcy Judge.

The issue before the court is whether post-petition rents collected by the debtor in possession in this case constitutes cash collateral under 11 U.S.C. § 363. For the reasons stated in this opinion, the court holds that the rents are cash collateral.

Facts

In September 1983, Townside Partners, Ltd. (Townside) acquired Edgehill Estates, an apartment complex in Roanoke, Virginia...

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