United States Bankruptcy Court, E.D. Pennsylvania July 3, 1985, 19-10439 (Provident Mutual Life Insurance v. Winslow Center Associates (In Re Winslow Center Associates))

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United States · · · 03-07-1985

OPINION

EMIL F. GOLDHABER, Chief Judge:

The question, arising under New Jersey law on a mortgagee’s motion for turnover of accrued rent, is whether a clause in a mortgage creates an assignment rather than a pledge against security, thus entitling the mortgagee to those rents.

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