United States Bankruptcy Appellate Panel for the Ninth Circuit March 27, 1995, BAP No. CC-94-1112-OVRi. Bankruptcy No. LA-93-16525-GM (Metropolitan Life Insurance v. Sunnymead Shopping Center Co. (In Re Sunnymead Shopping Center Co.))

(AMENDED)

3

OPINION

OLLASON, Bankruptcy Judge:

This is a case of first impression where a secured creditor has objected to court-ordered adequate protection payments for fear that acceptance of the payments might violate California’s “one action” rule, California Civil Procedure Code § 726, and the related antideficiency statutes §§ 580a, 580b and 580d, and bar foreclosure of its real property