IN RE FISHER

No. 89-5407.

930 F.2d 1361 (1991)

In re Kenneth FISHER and Lanae Fisher, Debtors. UNITED STATES DEPARTMENT OF AGRICULTURE, acting Through the FARMERS HOME ADMINISTRATION, Appellant, v. Kenneth FISHER and Lanae Fisher, Appellees.

United States Court of Appeals, Eighth Circuit.

Decided April 22, 1991.


Attorney(s) appearing for the Case

Lori Beranek, U.S. Dept. of Justice, Washington, D.C., for appellant.

Kenneth Horner, Bismarck, N.D., for appellees.

Before McMILLIAN, Circuit Judge, HEANEY, Senior Circuit Judge, and ARNOLD, Circuit Judge.


McMILLIAN, Circuit Judge.

The Farmers Home Administration (FMHA) appeals a final judgment entered in the United States District Court for the District of North Dakota confirming the Chapter 12 reorganization plan proposed by Kenneth and Lanae Fisher (debtors) applying a discount rate, based on the weighted averages of the below-market contract interest rates on the three FMHA loans involved. FMHA maintains that, under the plain language of 11 U.S.C.A. § 1225...

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