HOLLYTEX CARPET MILLS v. TEDFORD

No. 82-1703.

691 F.2d 392 (1982)

HOLLYTEX CARPET MILLS, Appellant, v. John V. TEDFORD and Viola J. Tedford, Appellees.

United States Court of Appeals, Eighth Circuit.

Decided October 20, 1982.


Attorney(s) appearing for the Case

Blevins, Pierce & Stanley, North Little Rock, Ark., for appellant.

Before ROSS and McMILLIAN, Circuit Judges, and DAVIES, Senior District Judge.


PER CURIAM.

John and Viola Tedford (appellees) filed a petition pursuant to 11 U.S.C. §§ 1301-1330, together with a proposed plan, on May 14, 1980. The United States Bankruptcy Court for the Western District of Arkansas, later confirmed the plan. In the confirmed plan, appellees proposed to pay appellant an amount not less than what it would receive under a "straight liquidation" proceeding under Chapter 7 of the Bankruptcy Code.

At the time appellees...

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