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IN RE WINTHROP OLD FARM NURSERIES INC.

No. 94-2025.

50 F.3d 72 (1995)

In re WINTHROP OLD FARM NURSERIES, INC., Debtor. WINTHROP OLD FARM NURSERIES, INC., Appellant, v. NEW BEDFORD INSTITUTION FOR SAVINGS, et al., Appellees.

United States Court of Appeals, First Circuit.

Decided March 22, 1995.

Attorney(s) appearing for the Case

Stephen E. Shamban with whom Ann Brennan and Stephen E. Shamban Law Offices, P.C., Braintree, MA, were on brief, for appellant.

Richard M. Peirce with whom Roberts, Carroll, Feldstein & Peirce, Inc., Providence, RI, was on brief, for appellees.

Before SELYA, BOUDIN and STAHL, Circuit Judges.

STAHL, Circuit Judge.

Chapter 11 debtor Winthrop Old Farm Nurseries, Inc. ("Winthrop"), appeals the district court order affirming the bankruptcy court's decision that, to determine the status of the claim of undersecured junior mortgagee New Bedford Institution for Savings ("NBIS") pursuant to 11 U.S.C. § 506(a), Winthrop's real property (the "Property") should be valued at its fair market value. We affirm.

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