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MATTER OF KAIN

Bankruptcy No. GG 86-01111.

86 B.R. 506 (1988)

In the Matter of Larry KAIN, a/k/a Larry Richard Kain, and Larry R. Kain and Irma Kain, a/k/a Irma L. Kain, Debtors.

United States Bankruptcy Court, W.D. Michigan.

May 13, 1988.

Attorney(s) appearing for the Case

Paul B. Newman, Newaygo, Mich., on behalf of Larry Kain and Irma Kain, debtors.

Edith Landman, Asst. U.S. Atty., on behalf of the Dept. of Agriculture Farmers Home Admin. Grand Rapids, Mich.

OPINION REGARDING APPLICATION OF ADEQUATE PROTECTION PAYMENTS AND APPROPRIATE PRESENT VALUE RATE UNDER DEBTORS' CHAPTER 11 PLAN

JAMES D. GREGG, Bankruptcy Judge.

ISSUES

This case presents two interesting issues raised in connection with the confirmation of the Debtors' proposed Chapter 11 plan.

First, with respect to certain adequate protection payments made by the Debtors after filing and prior to confirmation, to what obligation, if any...

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