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Legal Opinion

In Re Sanders Coal & Trucking, Inc.

United States Bankruptcy Court, E.D. Tennessee

Decided July 30, 1991No. Bankruptcy 90-12855, 90-12838PublishedCited by 6 opinions

1Opinion of the Court

RALPH H. KELLEY, Chief Judge.

MEMORANDUM

The United States objects to confirmation of the debtors’ proposed Chapter 11 plan. The government has a priority unsecured tax claim for about $61,000. The plan proposes to pay the claim in full with 10% interest. The government objects to the timing of the payments. Under the proposed plan, the government will not receive any payment on the claim until about three years after confirmation.

The court finds the facts as follows.

The proposed plan is a joint plan by the corporation, Sanders Coal & Trucking, and the husband and wife who own and operate the…

2Cases cited16 opinions

  1. Johnson v. Home State BankSupreme Court of the United States · 1991
  2. Owen v. OwenSupreme Court of the United States · 1991
  3. In Re Club AssociatesUnited States Bankruptcy Court, N.D. Georgia · 1989
  4. In Re Anderson Oaks (Phase I) Ltd. PartnershipUnited States Bankruptcy Court, W.D. Texas · 1987
  5. In Re C-L Cartage Co., Inc.Court of Appeals for the Sixth Circuit · 1990

11 more not listed; retrieve them via the Exa API.

3Cited by6 opinions

  1. In Re Trevarrow Lanes, Inc.United States Bankruptcy Court, E.D. Michigan · 1995
  2. In Re FergusonUnited States Bankruptcy Court, S.D. Florida. · 1991
  3. In Re Gregory Boat Co.United States Bankruptcy Court, E.D. Michigan · 1992
  4. In Re Dow Corning Corp.United States Bankruptcy Court, E.D. Michigan · 1999
  5. In Re Volle Electric, Inc.United States Bankruptcy Court, C.D. Illinois · 1991

1 more not listed; retrieve them via the Exa API.

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