In re Gingerella

ORDER DISAPPROVING DISCLOSURE STATEMENT AND DENYING RELIEF FROM STAY

ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.

Heard on May 5, 1993 on the Debtor’s request for approval of his disclosure statement, and Washington Trust Company’s Motion for Relief from the Automatic Stay. After hearing the testimony of Don Colbern of the Farmer’s Home Administration (FmHA), and Michael Lenihan and Kenneth Hammond on behalf of the Debtor, we find, contrary to our earlier rulings and inclinations herein, that FmHA did not act arbitrarily and/or capriciously in:

1) denying Debtor’s request for “prepayment” of his…