IN RE GREEN

Bankruptcy Nos. 94-81026, 94-81027, 94-81028 and 94-81029.

182 B.R. 532 (1995)

In re Wallace LeRoy GREEN, Debtor. In re Kenneth Lysle GREEN and Jeanne JoAnn Green, Debtors. In re Forrest Lynn GREEN and Hazel Arlene Green, Debtors. In re AGRI-TECH FARMS, a Partnership, Debtor.

United States Bankruptcy Court, C.D. Illinois.

June 8, 1995.


Attorney(s) appearing for the Case

Barry M. Barash, Galesburg, IL, for debtors.

Robert Lindstrom, Galesburg, IL, for AgriBank, FCB.


OPINION

WILLIAM V. ALTENBERGER, Chief Judge.

Agri-Tech Farms is a partnership consisting of Wallace LeRoy Green, Kenneth L. Green, and Forrest L. Green. On May 13, 1994, the partnership and all three partners filed separate Chapter 11 cases in bankruptcy. In 1994 the farming operations of the partnership generated post petition taxable income which requires the individual partners to pay federal and state income taxes totaling $150,021.00. The problem arises...

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