IN RE BLANTON SMITH CORP.

Bkrtcy. Nos. 380-01019, 380-01020.

7 B.R. 410 (1980)

In re The BLANTON SMITH CORPORATION, d/b/a Greenbrier Egg Farms, Greenbrier Feed Mill, and The Blanton Smith Hatcheries, and In re GRUBBS FARMS, INC., Debtors.

United States Bankruptcy Court, M.D. Tennessee.

November 26, 1980.


Attorney(s) appearing for the Case

Robert P. Ziegler, John E. Buffaloe, Jr., Nashville, Tenn., for debtors.

John H. Bailey, III, Nashville, Tenn., for Springfield Production Credit Ass'n.

B. Gail Reese, Nashville, Tenn., for Grubbs Family.

Clyde W. Richert, III, Springfield, Tenn., Edwin S. Pyle, Nashville, Tenn., for the Farmer Co-operator Group.

C. Kinian Cosner, Jr., Nashville, Tenn., for Unsecured Creditors Committee.


RUSSELL H. HIPPE, Jr., Bankruptcy Judge.

MEMORANDUM

This matter is before the court upon applications filed by the debtors' major secured creditors to liquidate the debtors either by converting these chapter 11 cases to chapter 7 cases or by appointing a liquidating trustee. The creditors also seek alternative relief in the form either of dismissing the cases or, if they continue under chapter 11, of providing them with adequate protection.

A hearing...

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