Legal Opinion

Farm Credit Bank of Spokane v. Fowler (In re Fowler)

Court of Appeals for the Ninth Circuit

Decided May 16, 1990No. Nos. 89-35118, 89-35133PublishedCited by 11 opinions

1Opinion of the Court

EUGENE A. WRIGHT, Circuit Judge:

The question is whether the bankruptcy court applied the correct cramdown rate in confirming a reorganization plan under Chapter 12 of the Bankruptcy Code.

BACKGROUND

John Fowler operates a ranch in Big Horn County, Montana. He petitioned for relief under Chapter 12 of the Bankruptcy Code, 11 U.S.C. § 1201-31. At the time of filing, he owed the Farm Credit Bank (FCB) approximately $159,000 on two 35-year variable rate promissory notes, and the Interstate Production Credit Association (IPCA) approximately $22,000 on a one-year note. FCB’s debt was secured by real…

2Cases cited12 opinions

  1. In the Matter of Pizza of Hawaii, Inc., Debtor. Pizza of Hawaii, Inc. v. Shakey's, Inc.Court of Appeals for the Ninth Circuit · 1985
  2. Memphis Bank & Trust Company v. Linda Gail WhitmanCourt of Appeals for the Sixth Circuit · 1982
  3. Bankr. L. Rep. P 70,650 in Re Karen Virginia Stanton, Debtor. T.O. King v. Karen Virginia StantonCourt of Appeals for the Ninth Circuit · 1985
  4. United States v. Dennis Edward Doud and Cheryl Ann DoudCourt of Appeals for the Eighth Circuit · 1989
  5. United States v. Harlan Arnold and Dorene ArnoldCourt of Appeals for the Sixth Circuit · 1989

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3Cited by11 opinions

  1. In Re Bonner Mall Partnership, Debtor. Bonner Mall Partnership v. U.S. Bancorp Mortgage Co.Court of Appeals for the Ninth Circuit · 1993
  2. Cashco Financial Services, Inc. v. McGee (In Re McGee)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2006
  3. Ernst & Young v. Matsumoto (In re United Insurance Management, Inc.)Court of Appeals for the Ninth Circuit · 1994
  4. In Re Westwood Plaza ApartmentsUnited States Bankruptcy Court, E.D. Texas · 1992
  5. In Re BagneUnited States Bankruptcy Court, E.D. California · 1998

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