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IN RE HOWELL

Bankruptcy No. 86-01210-3P1.

84 B.R. 834 (1988)

In re Victor Wade HOWELL and Brenda F. Howell, d/b/a, Howell Construction Company, Seed & Farm Supply, Debtors.

United States Bankruptcy Court, M.D. Florida, Jacksonville Division.

March 30, 1988.

Attorney(s) appearing for the Case

Ronald Bergwerk, Jacksonville, Fla., for debtor.

Earl Barker, Jacksonville, Fla., for South Atlantic Production Credit Ass'n.

Larry E. Denney, Jacksonville, Fla., for U.S.A. Business Ass'n.

Lori P. Hughes, Jacksonville, Fla., for NCNB Nat'l Bank of Fla.

MEMORANDUM OPINION

GEORGE L. PROCTOR, Bankruptcy Judge.

This matter came before the Court upon the Debtors' Motion for Cramdown against NCNB National Bank of Florida ("NCNB") pursuant to § 1129(b) of the Bankruptcy Code (the "Code"). A hearing on the motion was held on March 10, 1988. Based upon the evidence presented and the argument of counsel, the Court finds that the Second Modification to the Debtors' Amended Chapter 11 Plan does not comply with...

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