IN RE FURSMAN RANCH

Bankruptcy No. 82-02739-S-11.

38 B.R. 907 (1984)

In re FURSMAN RANCH, Debtor.

United States Bankruptcy Court, W.D. Missouri.

April 6, 1984.


Attorney(s) appearing for the Case

Stephen B. Strayer, Kansas City, Mo., for debtor.

Benjamin F. Mann, Kansas City, Mo., for Kansas Prod. Cr. Assn.


MEMORANDUM OPINION AND ORDER

JOEL PELOFSKY, Bankruptcy Judge.

In the plan proposed by debtors, interest on the secured debt was to be paid at 8.5%. Two classes of secured creditors rejected the plan on that ground, also asserting that the plan was not feasible. In an Order dated December 2, 1983, the Court sustained the objection to the proposed interest rate and directed that the plan be redrawn to conform to the rate designated.

Debtor thereafter...

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