Legal Opinion
In re J.C. Householder Land Trust 1
United States Bankruptcy Court, M.D. Florida
Decided October 23, 2013No. Case No. 8:13-bk-07271-MGWPublishedCited by 15 opinions
1Opinion of the Court
Chapter 11
FINDINGS OF FACT AND CONCLUSIONS OF LAW ON CONFIRMATION
Michael G. Williamson, United States Bankruptcy Judge
The Debtor seeks to confirm its proposed plan over the objection of its primary secured lender. Under its plan, the Debtor proposes to pay the secured lender’s claim (approximately $1.1 million) amortized over twenty-five years at 5% interest, with a five-year balloon payment. The secured lender principally objects to confirmation because it says the cramdown interest rate is too low and that the Debtor is unable to demonstrate it will be able to make the balloon payment.
In…
2Cases cited25 opinions
- Daubert v. Merrell Dow Pharmaceuticals, Inc.Supreme Court of the United States · 1993
- Kumho Tire Co. v. CarmichaelSupreme Court of the United States · 1999
- Grogan v. GarnerSupreme Court of the United States · 1991
- General Electric Co. v. JoinerSupreme Court of the United States · 1997
- Addington v. TexasSupreme Court of the United States · 1979
20 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- In re 431 W. Ponce De Leon, LLCUnited States Bankruptcy Court, N.D. Georgia · 2014
- In re Monticello Realty Investments LLCUnited States Bankruptcy Court, M.D. Florida · 2015
- Icmfg & Assocs., Inc. v. Bare Bd. Grp., Inc. (In re Icmfg & Assocs., Inc.)United States Bankruptcy Court, M.D. Florida · 2018
- In re J.C. Householder Land Trust 1United States Bankruptcy Court, M.D. Florida · 2013
- In re Scrub Island Development Group Ltd.United States Bankruptcy Court, M.D. Florida · 2015
10 more not listed; retrieve them via the Exa API.