Farm Credit of Florida, ACA v. Sugarleaf Timber, LLC

ORDER

BRIAN J. DAVIS, District Judge.

This case is on appeal from the United States Bankruptcy Court for the Middle District of Florida. Appellant, Farm Credit of Florida, ACA (“Farm Credit”), seeks review of two Bankruptcy Court Orders that together confirmed a plan of Chapter 11 reorganization.1 The principal issue in this appeal is whether the Bankruptcy Court correctly determined that the proposed “dirt-for-debt” swap provides Farm Credit with the “indubitable equivalent” of its claim under the Bankruptcy Code’s “cram-down” provision.2 After careful review, this Court affirms.

I. FACTUAL…