In re Terry Properties, LLC
United States Bankruptcy Court, W.D. Virginia
1Opinion of the Court
MEMORANDUM OPINION
Paul M. Black, United States Bankruptcy Judge
This matter comes before the Court on the Amended Chapter 12 Plan of Reorganization (“Amended Plan”) of the Debtor, Terry Properties, LLC (the “Debtor”), and the objections thereto filed by Farm Credit of the Virginias, ACA (“Farm Credit”), Southern States Marion Cooperative, Inc. (“Southern States”), and the Chapter 12 Trustee (the “Trustee”). A trial was conducted on these matters on June 15-16, 2017.
FACTUAL BACKGROUND
At issue in this case is a roughly 677-acre farming operation in Rural Retreat, Virginia, with portions of the…
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