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Merle Nicola, Trustee v. Fremont Nat'l Bank & Trust Co. (In re Vance & Hannelore Willard), BK80-644, A85-164, Ch. 7

Creditors who were given second mortgages on real estate to secure the use of cash collateral in debtors' Chapter 11 case were entitled to receive a "lost opportunity cost" in addition to their principal when the property was liquidated and distributed

Date: 
Tuesday, October 14, 1986
Judge: 
Judge Timothy J. Mahoney (Retired)