Legal Opinion

In Re Landau Boat Co.

United States Bankruptcy Court, W.D. Missouri

Decided February 4, 1981No. 18-43260PublishedCited by 17 opinions

1Opinion of the Court

ORDER DENYING MOTION UNDER § 1129(b)

JOEL PELOFSKY, Bankruptcy Judge.

In this Chapter 11 proceeding, the debtor has proposed a plan with four classes of creditors. Administrative costs constitute Class One; Secured claims constitute Class Two. Both of these classes are to be paid in full. Class Three is composed of unsecured creditors. This class is to be paid 10% of their allowed claims. Class Four is composed of stockholders who are to receive no distribution under the plan but will retain their interest in the corporation.

The plan did not receive the votes necessary to be confirmed. An…

2Cases cited4 opinions

  1. Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
  2. Northern Pacific Railway Co. v. BoydSupreme Court of the United States · 1913
  3. Louisville Trust Co. v. Louisville, New Albany & Chicago Railway Co.Supreme Court of the United States · 1899
  4. Sophian v. Congress Realty Co.Court of Appeals for the Eighth Circuit · 1938

3Cited by17 opinions

  1. Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
  2. In Re Pine Lake Village Apartment Co.United States Bankruptcy Court, S.D. New York · 1982
  3. Buffalo Savings Bank v. Marston Enterprises, Inc. (In Re Marston Enterprises, Inc.)United States Bankruptcy Court, E.D. New York · 1981
  4. Matter of YasparroUnited States Bankruptcy Court, M.D. Florida · 1989
  5. In Re Landau Boat Co.United States Bankruptcy Court, W.D. Missouri · 1981

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