OPINION
LARRY L. LESSEN, Chief Judge.
The issue before the Court is whether the reference to "deferred cash payments" in 11 U.S.C. § 1129(a)(9)(C) requires equal monthly payments or, as proposed in this case, whether the statute permits regular monthly payments which substantially reduce the principal but leave a balloon payment at the end of the plan.
Dale Schafer was an electrician; Gary Wagner was a bookkeeper and office manager. In 1985...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.