IN RE BRUSSEAU

Bankruptcy No. 83-05215.

57 B.R. 457 (1985)

In re Richard BRUSSEAU and Myrna Brusseau, d/b/a Dakota Express, Debtors.

United States Bankruptcy Court, D. North Dakota.

December 4, 1985.


Attorney(s) appearing for the Case

David Johnson, Fargo, N.D., for debtors.


MEMORANDUM AND ORDER

WILLIAM A. HILL, Bankruptcy Judge.

This matter is before the court to consider a Motion for an Ex Parte Order confirming the Debtors' Second Amended Plan of Reorganization. On January 28, 1985 the Debtors filed an Application for Confirmation pursuant to § 1129(b)(1) commonly known as the "cramdown" provision. Under the Second Amended Plan, unsecured creditors are to be paid $12,000.00 in deferred cash payments distributed on a...

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