Legal Opinion
In Re Drimmel
United States Bankruptcy Court, D. Kansas
Decided November 14, 1989No. 19-40193PublishedCited by 20 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
JAMES A. PUSATERI, Bankruptcy Judge.
These proceedings are before the court for determination whether the debtors’ proposed plans satisfy the absolute priority rule found at 11 U.S.C. § 1129(b)(2)(B)(ii). They are only consolidated for decision of this issue. The debtors’ plans were not accepted by at least one class of unsecured creditors, so the plans must satisfy the cramdown provisions of § 1129(b) to be confirmed by the court. The debtors in both cases appear by counsel William E. Metcalf of Metcalf and Justus. One of the Drimmels’ creditors, Rushville State Bank…
2Cases cited15 opinions
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- Northern Pacific Railway Co. v. BoydSupreme Court of the United States · 1913
- In the Matter of H. Dean Stegall and Sandra Lorene Stegall, Debtors-Appellants. Appeal of the Federal Land Bank of St. LouisCourt of Appeals for the Seventh Circuit · 1989
- In Re Greystone III Joint VentureUnited States Bankruptcy Court, W.D. Texas · 1989
10 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- In Re JonesUnited States Bankruptcy Court, E.D. Michigan · 1993
- In Re Mortgage Inv. Co. of El Paso, Tex.United States Bankruptcy Court, W.D. Texas · 1990
- In Re Outlook/Century Ltd.United States Bankruptcy Court, N.D. California · 1991
- In Re Sovereign Group 1985-27, Ltd.District Court, E.D. Pennsylvania · 1992
- Penn Mutual Life Insurance v. Woodscape Ltd. Partnership (In Re Woodscape Ltd. Partnership)United States Bankruptcy Court, D. Maryland · 1991
15 more not listed; retrieve them via the Exa API.