In Re Willingham
United States Bankruptcy Court, S.D. Illinois
1Opinion of the Court
MEMORANDUM AND ORDER
KENNETH J. MEYERS, Bankruptcy Judge.
This matter is before the Court on an objection by Federal Land Bank (“FLB”) to debtor’s proposed Chapter 12 Plan of Reorganization. FLB, as an unsecured creditor, objects that the proposed plan fails to comply with 11 U.S.C. § 1225(a)(4) in that FLB would receive less under the plan than it would receive if debtor were liquidated pursuant to Chapter 7 of the Bankruptcy Code.
Section 1225(a)(4), relating to confirmation of a Chapter 12 plan, states:(a) Except as provided in subsection (b), the court shall confirm a plan if—(4) the value,…
2Cases cited5 opinions
- In Re FriesUnited States Bankruptcy Court, E.D. Pennsylvania · 1986
- In Re Janssen Charolais Ranch, Inc.United States Bankruptcy Court, D. Montana · 1987
- In Re O'FarrellUnited States Bankruptcy Court, N.D. Florida · 1987
- In Re HansenUnited States Bankruptcy Court, D. North Dakota · 1987
- In Re FauthUnited States Bankruptcy Court, D. Montana · 1987
3Cited by14 opinions
- In Re Elmer FOBIAN and Elsie Fobian, Debtors. Elmer FOBIAN and Elsie Fobian, Appellants, v. WESTERN FARM CREDIT BANK, AppelleeCourt of Appeals for the Ninth Circuit · 1991
- In Re ReyesUnited States Bankruptcy Court, N.D. Illinois · 1989
- In Re CoffmanUnited States Bankruptcy Court, W.D. Tennessee · 1988
- In Re KuhlmanUnited States Bankruptcy Court, D. South Dakota · 1990
- In Re HutchinsonUnited States Bankruptcy Court, D. Kansas · 2006
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