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IN RE AG CONSULTANTS GRAIN DIV., INC.

Bankruptcy No. 85-60187.

77 B.R. 665 (1987)

In re AG CONSULTANTS GRAIN DIVISION, INC., Debtor.

United States Bankruptcy Court, N.D. Indiana, Hammond Division.

August 14, 1987.

Attorney(s) appearing for the Case

G. Gouveia, Gouveia & Miller, Merrillville, Ind., for debtor.

A. Kopko, Thomas, Burke, Dverly & Cuppy, Merrillville, Ind., for Unsecured Creditors' Committee (Committee).

R. Stochel, John M. O Drobinak, P.C., Crown Point, Ind., for The First Bank of Whiting (Bank).

MEMORANDUM DECISION ON ORDER DENYING CONFIRMATION OF PLAN

FRANCIS G. CONRAD, Bankruptcy Judge.*

Debtor has requested confirmation of its Plan of Reorganization. Two creditors and the Unsecured Creditors' Committee objected to confirmation on various grounds. Because Debtor has failed to show the present value of its offer to Class VII claims and whether the value of the proposed shareholder's contribution to the plan satisfies...

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