IN RE AMERICAN MARINER INDUSTRIES, INC.

Bankruptcy No. SA 80-03623 PE, Adv. No. SA 81-0163.

10 B.R. 711 (1981)

In re AMERICAN MARINER INDUSTRIES, INC., Debtor. CROCKER NATIONAL BANK, a National Banking Association, Plaintiff, v. AMERICAN MARINER INDUSTRIES, INC., a California Corporation, Defendant.

United States Bankruptcy Court, C.D. California.

April 23, 1981.


Attorney(s) appearing for the Case

James E. Carter, Santa Ana, Cal., for debtor/defendant.

John A. Graham, Frandzel & Share, Beverly Hills, Cal., for plaintiff.


MEMORANDUM OF DECISION

PETER M. ELLIOTT, Bankruptcy Judge.

The first issue to be decided is, if the value of the collateral is not depreciating, whether an undersecured creditor is entitled to interest on the present value of the collateral as adequate protection. The second issue is whether the debtor will be unable to confirm a plan because the plaintiff has a right to elect, under § 1111(b) of the Code, to be treated as a secured creditor in the...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases