IN RE PROCESS PROPERTY CORP.

No. 04-44782-DML-11, No. 04-49036-DML-11.

327 B.R. 603 (2005)

In re PROCESS PROPERTY CORP., Debtor. In re Process Graphic Services, Inc., Debtor.

United States Bankruptcy Court, N.D. Texas, Fort Worth Division.

June 9, 2005.


Attorney(s) appearing for the Case

St. Clair Newbern, III, Fort Worth, TX, for the Debtors.

Laurie Spindler, Linebarger, Goggan, Blair & Sampson, LLP, Dallas, TX, for Dallas County and Tarrant County.

Elizabeth Banda, Perdue, Brandon, Fielder, Collins & Mott LLP, Arlington, TX, for Arlington Independent School District.


MEMORANDUM OPINION

DENNIS MICHAEL LYNN, Bankruptcy Judge.

The court today determines the proper interest rate for oversecured, nonconsensual lienholders for interest accrued postpetition under 11 U.S.C. § 506(b). Before the court are Process Property Corp. and Process Graphic Services, Inc. ("Debtors"), who request that the court apply a rate of .5% per month interest on unpaid business personal property taxes. Tarrant County, Dallas County,...

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