William J. Wade, Trustee v. Nathan Bradford and Beverly Bradford, Debtors
Court of Appeals for the Tenth Circuit
1Opinion of the Court
BRIMMER, District Judge.
Creditor William J. Wade appeals the district court’s decision affirming the bankruptcy court’s confirmation of a reorganization plan proposed by debtors Nathan and Beverly Bradford. Because a chapter 11 debtor may bifurcate an undersecured creditor’s claim and strip the creditor’s hen down to the value of the collateral, and because the debtors’ plan met the Code’s “cram down” requirements, we affirm. 1
Creditor Wade obtained an in rem state court judgment authorizing foreclosure against debtors’ homestead to satisfy a hen in the amount of $30,850.07, together with…
2Cases cited15 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Dewsnup v. TimmSupreme Court of the United States · 1992
- Nobelman v. American Savings BankSupreme Court of the United States · 1993
- Marguerite HICKS, Plaintiff-Appellant, v. the GATES RUBBER COMPANY, Defendant-AppelleeCourt of Appeals for the Tenth Circuit · 1991
- In Re Lederman Enterprises, Inc., Debtor. Rubner & Kutner, P.C. v. U.S. Trustee Glen R. Anstine, Chapter 7 Trustee Bankers Trust CompanyCourt of Appeals for the Tenth Circuit · 1993
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3Cited by38 opinions
- In Re Philadelphia Newspapers, LLCCourt of Appeals for the Third Circuit · 2010
- In Re Heritage Highgate, Inc.Court of Appeals for the Third Circuit · 2012
- First Federal Bank of California v. Weinstein (In Re Weinstein)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1998
- Harmon v. United StatesCourt of Appeals for the Eighth Circuit · 1996
- CoreStates Bank, N.A. v. United Chemical Technologies, Inc.District Court, E.D. Pennsylvania · 1996
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