RONEY, Senior Circuit Judge:
Liberty National Enterprises, the only secured creditor in this single-asset bankruptcy of a 256-unit apartment project, appeals the confirmation of a Chapter 11 plan of reorganization which utilized the "cramdown" provisions of 11 U.S.C. § 1129(b) of the Bankruptcy Code. We reverse on two grounds.
The bankruptcy court first, erroneously failed to include cash collateral, the sum of rents accumulated less operating...
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