Legal Opinion

In Re McCombs Properties VIII, Ltd.

United States Bankruptcy Court, C.D. California

Decided August 11, 1988No. Bankruptcy SA 87-01381 JRPublishedCited by 14 opinions

1Opinion of the Court

MEMORANDUM OPINION

JOHN E. RYAN, Bankruptcy Judge.

A preliminary issue requiring resolution at the hearing on confirmation involved the determination of the market rate of interest that debtor is required to pay on the “forced” loans in debtor’s plan of arrangement in order to satisfy the requirements of § 1129(b)(2)(A)(i)(II) of the Bankruptcy Code. After hearing the evidence, I took the matter under submission advising debt- or that the interest rates required to provide a present value equal to the allowed secured claim of each of the objecting secured creditors would be in excess of the…

2Cases cited7 opinions

  1. In the Matter of Southern States Motor Inns, Inc., Debtor. United States of America v. Southern States Motor Inns, Inc.Court of Appeals for the Eleventh Circuit · 1983
  2. United States v. Neal Pharmacal CompanyCourt of Appeals for the Eighth Circuit · 1986
  3. In Re Camino Real Landscape Maintenance Contractors, Inc., Debtor. United States of America v. Camino Real Landscape Maintenance Contractors, Inc., in Re Hadrian Construction, Inc., Debtor. United States of America v. Hadrian Construction, Inc., in Re Armour Oil Company, Debtor. United States of America v. Armour Oil CompanyCourt of Appeals for the Ninth Circuit · 1987
  4. United States v. Welco Industries, Inc. (In Re Welco Industries, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1986
  5. Patterson v. Federal Land Bank (In Re Patterson)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1988

2 more not listed; retrieve them via the Exa API.

3Cited by14 opinions

  1. Great Western Bank the Bank of America, Creditors-Appellees v. Sierra Woods Group, a California Limited Partnership, Debtor-AppellantCourt of Appeals for the Ninth Circuit · 1992
  2. In Re Spanish Lake AssociatesUnited States Bankruptcy Court, E.D. Missouri · 1988
  3. In Re Apple Tree Partners, L.P.United States Bankruptcy Court, W.D. Tennessee · 1991
  4. In Re Stratford Associates Ltd. PartnershipUnited States Bankruptcy Court, D. Kansas · 1992
  5. In Re Birdneck Apartment Associates, II, L.P.United States Bankruptcy Court, E.D. Virginia · 1993

9 more not listed; retrieve them via the Exa API.

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