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Minn-Kota Farm Agency, Inc. v. Home Federal Savings & Loan

Bankr. No.: 
90-10107
Adv. No.: 
91-1001
Chapter: 
11
Date of Decision: 
March 27, 1992
Issue: 
Whether the debtor was entitled to a turnover of the rents collected by a creditor pursuant to an assignment of rents agreement that was separate from the mortgage the debtor gave to the creditor.
Ruling: 
The debtor was not entitled to a turnover of the rents because under the terms of the agreement the creditor had a perfected interest in the rents upon the debtor's pre-petition default.
Full Bankruptcy Court Decision: 
Appeal Summary: 
The district court dismissed the appeal for lack of jurisdiction.
Full Bankruptcy Appellate Panel/District Court Appeal Opinion: