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TRAVELERS INS. v. KCC-LEAWOOD CORPORATE MANOR I

No. 89-2487.

908 F.2d 343 (1990)

The TRAVELERS INSURANCE COMPANY, Appellee, v. KCC-LEAWOOD CORPORATE MANOR I, Appellant.

United States Court of Appeals, Eighth Circuit.

Decided July 12, 1990.

Attorney(s) appearing for the Case

John Martin Klein, Dallas, Tex., for appellant.

Kenneth C. Jones, Kansas City, Mo., for appellee.

Before JOHN R. GIBSON and BOWMAN, Circuit Judges, and HENLEY, Senior Circuit Judge.

BOWMAN, Circuit Judge.

KCC-Leawood Corporate Manor I ("KCC") appeals an August 29, 1989 order of the District Court.1 KCC filed a Chapter 11 bankruptcy petition on January 25, 1988. A limited partnership, KCC owns an office building valued at $1,600,000.00. The building is secured by a 12.75% per annum promissory note held by The Travelers Insurance Company ("Travelers") worth $1,354,797.10.

KCC's plan proposed repayment of the...

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