Western Farm Credit Bank v. Davenport (In Re Davenport)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
OPINION
JONES, Bankruptcy Judge:
FACTS
Debtors Ray and Carolyn Davenport (“Debtors”) are farmers who own 24.22 acres of land in California worth $354,462. In August of 1989, the Debtors filed a petition under Chapter 12 of the Bankruptcy Code, 11 U.S.C. §§ 1200-1241. 1
The Debtors’ land secures an obligation to Western Farm Credit Bank and Sierra-Bay Federal Land Bank Association (“Bank”) in the amount of $469,245. The Bank’s loan to the Debtors was made under the Farm Credit Act, 12 U.S.C.S. §§ 2001-2260 (1984 & Supp.1992) (“FCA”). In addition to being secured by the Debt- or’s real estate, the…
2Cases cited15 opinions
- National Labor Relations Board v. Bildisco & BildiscoSupreme Court of the United States · 1984
- Ohio v. KovacsSupreme Court of the United States · 1985
- Greseth v. Federal Land Bank (In Re Greseth)District Court, D. Minnesota · 1987
- Overholt v. Farm Credit Services (In Re Overholt)District Court, S.D. Ohio · 1990
- In Re ShannonDistrict Court, S.D. Ohio · 1989
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3Cited by4 opinions
- Western Farm Credit Bank v. Davenport (In re Davenport)Court of Appeals for the Ninth Circuit · 1994
- In Re DavenportCourt of Appeals for the Ninth Circuit · 1994
- In re Capital West InvestorsUnited States Bankruptcy Court, N.D. California · 1995
- In re CarterUnited States Bankruptcy Court, M.D. Florida · 1994