Legal Opinion

The TRAVELERS INSURANCE COMPANY, Appellee, v. KCC-LEAWOOD CORPORATE MANOR I, Appellant

Court of Appeals for the Eighth Circuit

Decided July 12, 1990No. 89-2487PublishedCited by 6 opinions

1Opinion of the Court

BOWMAN, Circuit Judge.

KCC-Leawood Corporate Manor I (“KCC”) appeals an August 29, 1989 order of the District Court. 1 KCC filed a Chapter 11 bankruptcy petition on January 25, 1988. A limited partnership, KCC owns an office building valued at $1,600,000.00. The building is secured by a 12.75% per annum promissory note held by The Travelers Insurance Company (“Travelers”) worth $1,354,797.10.

KCC’s plan proposed repayment of the promissory note at a maximum 10% per annum rate, rather than the 12.75% contract rate. Travelers filed objections to the plan, asserting that it could not be forced to…

2Cases cited4 opinions

  1. Florence Bowers v. Connecticut National BankCourt of Appeals for the Second Circuit · 1988
  2. In Re VEKCO, INC., Debtor. VEKCO, INC., Appellant, v. FEDERAL LAND BANK, AppelleeCourt of Appeals for the Eighth Circuit · 1986
  3. In Re Kurt Blankemeyer and Sharon K. Blankemeyer, Debtors. Appeal of Kurt Blankemeyer and Sharon K. BlankemeyerCourt of Appeals for the Eighth Circuit · 1988
  4. In Re Rick L. EASTON and Merrilee Easton, Debtors. OTOE COUNTY NATIONAL BANK, Appellant, v. Rick L. EASTON and Merrilee Easton, AppelleesCourt of Appeals for the Eighth Circuit · 1989

3Cited by6 opinions

  1. Andrews & Kurth L.L.P. v. Family Snacks, Inc. (In Re Pro-Snax Distributors, Inc.)Court of Appeals for the Fifth Circuit · 1998
  2. Inalene Lewis v. United States of America, Farmers Home AdministrationCourt of Appeals for the Eighth Circuit · 1993
  3. In Re 203 North LaSalle Street Ltd. PartnershipUnited States Bankruptcy Court, N.D. Illinois · 1995
  4. In Re Pleasant Woods Associates Limited Partnership, Debtor. Pleasant Woods Associates Limited Partnership v. Simmons First National BankCourt of Appeals for the First Circuit · 1993
  5. In Re Broken Bow Ranch, Inc.Court of Appeals for the Eighth Circuit · 1994

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