Legal Opinion
In the Matter of Delbert Snyder, Deanna Snyder, and Robert Snyder, Debtors-Appellants. Farm Credit Bank of St. Louis, Cross-Appellant
Court of Appeals for the Seventh Circuit
Decided July 9, 1992No. 90-3612, 90-3667PublishedCited by 44 opinions
1Opinion of the Court
CUDAHY, Circuit Judge.
Delbert, Deanna and Robert Snyder (the Debtors), who own and operate a farm in Central Illinois, filed for bankruptcy pursuant to Chapter 11 of the Bankruptcy Code, 11 U.S.C. §§ 1101-1174. They seek approval of their amended plans of reorganization on the basis of the “new value” or “fresh capital” exception to the absolute priority rule. Farm Credit Bank of St. Louis (Farm Credit), their principal creditor, asks us to declare that the new value exception did not survive enactment of the Bankruptcy Code of 1978. The bankruptcy court and the district court held that the…
2Cases cited22 opinions
- Dewsnup v. TimmSupreme Court of the United States · 1992
- Davis v. Michigan Department of the TreasurySupreme Court of the United States · 1989
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- Midlantic National Bank v. New Jersey Department of Environmental ProtectionSupreme Court of the United States · 1986
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
17 more not listed; retrieve them via the Exa API.
3Cited by44 opinions
- In Re Bonner Mall Partnership, Debtor. Bonner Mall Partnership v. U.S. Bancorp Mortgage Co.Court of Appeals for the Ninth Circuit · 1993
- In the Matter of Woodbrook Associates, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1994
- In Re James E. Johnston, Dba Johnston Enterprises, Debtor. Steelcase Inc. v. James E. Johnston and Unsecured Creditors' CommitteeCourt of Appeals for the Ninth Circuit · 1994
- In Re SM 104 Ltd.United States Bankruptcy Court, S.D. Florida. · 1993
- In the Matter of 203 N. Lasalle Street Partnership, an Illinois Limited Partnership, Debtor-Appellee, Appeal Of: Bank of America IllinoisCourt of Appeals for the Seventh Circuit · 1997
39 more not listed; retrieve them via the Exa API.