Legal Opinion
In Re Courtright
United States Bankruptcy Court, D. Oregon
Decided January 3, 1986No. 19-30287PublishedCited by 48 opinions
1Opinion of the Court
MEMORANDUM OPINION
HENRY L. HESS, Jr., Bankruptcy Judge.
On October 28, 1985 the court held a hearing to value the security interest held by the Federal Land Bank (FLB) in the farm and improvements owned by the debtors. The debtors were represented by Laura J. Walker and FLB was represented by Bradley O. Baker.
The parties disagree upon the standard to be followed by the court in determining the value of the security interest held by FLB.
The court believes that it should start with the fair market value of the property as that term is generally understood to be, i.e., the price which a willing…
2Cited by48 opinions
- In Re Peter Gordon Balbus, Debtor. Brown and Company Securities Corporation v. Peter Gordon BalbusCourt of Appeals for the Fourth Circuit · 1991
- In Re ClaeysUnited States Bankruptcy Court, D. North Dakota · 1987
- In Re Donald Allen Trimble, Debtor. Metrobank, Creditor/appellant v. Donald Allen Trimble, Debtor/appelleeCourt of Appeals for the Eighth Circuit · 1995
- In Re JonesUnited States Bankruptcy Court, E.D. Michigan · 1993
- In the Matter of Elray Rash and Jean Rash, Debtors. Associates Commercial Corporation v. Elray Rash and Jean RashCourt of Appeals for the Fifth Circuit · 1994
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