Legal Opinion
In re McMahon Family Ltd. Partnership
United States Bankruptcy Court, E.D. Wisconsin
Decided July 10, 2013No. 12-37314-svkPublished
1Opinion of the Court
DECISION AND ORDER ON CONFIRMATION OF CHAPTER 12 PLAN
SUSAN V. KELLEY, Bankruptcy Judge.
McMahon Family Limited Partnership (the “Debtor”) filed a Chapter 12 petition on December 10, 2012. Chapter 12 is limited to family farmers, and the Debtor operates a tree farm on two parcels of real property in northern Wisconsin. The Court uses the term “operates” loosely: the Debtor’s statement of financial affairs reveals that the Debtor has not received any income from the operation of the business in the last two years.
The Debtor filed a modified Chapter 12 plan on May 23, 2013. The Chapter 12 Trustee…
2Cases cited4 opinions
- In Re Sugar Pine RanchUnited States Bankruptcy Court, D. Oregon · 1989
- In Re MillerUnited States Bankruptcy Court, N.D. Iowa · 1990
- In Re AldersonUnited States Bankruptcy Court, D. South Dakota · 1990
- In Re Cross Timbers Ranch, Inc.United States Bankruptcy Court, W.D. Missouri · 1993