Bank of Edwardsville v. J.D. Monarch Development Co. (In Re J.D. Monarch Development Co.)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding that a mortgagee was not entitled to rents held by the bankruptcy trustee where the mortgagee did not take any action to enforce its interest in the rents
• finding that a mortgagee was not entitled to rents held by the bankruptcy trustee where the mortgagee did not take any action to enforce its interest in the rents
• “[t]he requirement that a mortgagee enforce its lien on rents by possession of the real estate renders an assignment of rents different from security interests in other property” (emphasis added)
• “[t]he requirement that a mortgagee enforce its lien on rents by possession of the real estate renders an assignment of rents different from security interests in other property” (emphasis added)
• lender seeking to enforce rent assignment must first pursue debtor-in-possession status
• lender seeking to enforce rent assignment must first pursue debtor-in-possession status

Source: CourtListener parenthetical corpus (CC0).