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BANKWEST, N.A. v. TODD

Bankruptcy No. 85-3008.

49 B.R. 633 (1985)

BANKWEST, N.A., Pierre, South Dakota, Appellant, v. Anton J. TODD and Grace Todd, d/b/a Farmers and Ranchers, Appellees.

United States District Court, D. South Dakota, C.D.

May 30, 1985.

Attorney(s) appearing for the Case

James Carlon, Pierre, S.D., for debtors/appellees.

Patricia A. Meyers, Pierre, S.D., for creditor/appellant.

MEMORANDUM OPINION

DONALD J. PORTER, District Judge.

This is an appeal from a cash collateral order entered by the bankruptcy court on January 29, 1985. Appellant BankWest (Bank) argues that its interest in the grain and livestock that debtors intend to convert into cash collateral is not adequately protected within the meaning of the Bankruptcy Code. 11 U.S.C. § 361.

FACTUAL SUMMARY

Debtors, lifelong farmers and ranchers in Sully...

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