Legal Opinion

In Re Ehrich

United States Bankruptcy Court, D. South Dakota

Decided March 31, 1989No. 19-10015PublishedCited by 4 opinions

1Opinion of the Court

IRVIN N. HOYT, Chief Judge.

The issue in this case is whether in a Section 506(a) hearing the real estate securing a claim should be valued as ranch land, the debtor-in-possession’s present use, or whether it should be valued as subdivisable land where the creditor can prove that the land is viable for this purpose?

I limit the scope of this decision to the above legal issue. The question of whether a portion of the Ehrich land has a use more valuable than its present use is a factual question to be determined at the valuation hearing.

There apparently is little published authority on this legal…

2Cases cited6 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Caminetti v. United StatesSupreme Court of the United States · 1917
  3. In Re FosterUnited States Bankruptcy Court, D. Montana · 1987
  4. In Re Robinson Ranch, Inc.United States Bankruptcy Court, D. Montana · 1987
  5. In Re CoolUnited States Bankruptcy Court, D. Montana · 1987

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

3Cited by4 opinions

  1. United States v. Donato (In Re Donato)District Court, M.D. Pennsylvania · 2000
  2. In Re ShermanUnited States Bankruptcy Court, E.D. Texas · 1993
  3. In re Old Colony, LLCUnited States Bankruptcy Court, D. Massachusetts · 2012
  4. Jarrett Ranches, Inc. v. Farm Credit Banks of Omaha (In Re Jarrett Ranches, Inc.)United States Bankruptcy Court, D. South Dakota · 1989

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