DJS Properties, L.P. v. Simplot

MEMORANDUM DECISION AND ORDER

B. LYNN WINMILL, Chief Judge.

This appeal arises from Don J. Simplot’s bankruptcy case filed under Chapter 11 of the Bankruptcy Code. Simplot’s family limited partnership, DJS Properties, LP (“DJS”), is a creditor in the underlying bankruptcy case, and appeals the bankruptcy court’s order confirming Simplot’s reorganization plan. The plan contemplates that Simplot’s interest in DJS will be sold for the benefit of creditors. The minority partners — Simplot’s family members, mainly — contend that liquidation is a breach of the DJS partnership agreement and would…