Legal Opinion
In Re AG Consultants Grain Division, Inc.
United States Bankruptcy Court, N.D. Indiana
Decided August 14, 1987No. 18-11895PublishedCited by 32 opinions
1Opinion of the Court
MEMORANDUM DECISION ON ORDER DENYING CONFIRMATION OF PLAN
FRANCIS G. CONRAD, Bankruptcy Judge. *
Debtor has requested confirmation of its Plan of Reorganization. Two creditors and the Unsecured Creditors’ Committee objected to confirmation on various grounds. Because Debtor has failed to show the present value of its offer to Class VII claims and whether the value of the proposed shareholder’s contribution to the plan satisfies an exception to the absolute priority rule, we deny confirmation.
Debtor, incorporated in 1979, initially engaged in consulting work about grain and agricultural supply…
2Cases cited56 opinions
- Griffin v. Oceanic Contractors, Inc.Supreme Court of the United States · 1982
- United States v. LockeSupreme Court of the United States · 1985
- 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
- Consolidated Rock Products Co. v. Du BoisSupreme Court of the United States · 1941
51 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- In Re Future Energy Corp.United States Bankruptcy Court, S.D. Ohio · 1988
- In Re American Solar King Corp.United States Bankruptcy Court, W.D. Texas · 1988
- In Re Drexel Burnham Lambert Group, Inc.United States Bankruptcy Court, S.D. New York · 1992
- 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 222 Liberty AssociatesUnited States Bankruptcy Court, E.D. Pennsylvania · 1990
27 more not listed; retrieve them via the Exa API.