United States Seventh Circuit

Defendant's proposed re-organization plan is unacceptable under section 1129 of the Bankruptcy Code where it does not explicitly account for interest payments for three years of unpaid Illinois Motor Fuel Tax.

Appellate Information

• Decided 10/18/2005
• Published 10/18/2005

Judges

• FLAUM, Chief Judge., Before FLAUM, Chief Judge, and BAUER and SYKES, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellees:
  
• Carl Elitz (argued), Office of the Attorney General, Civil Appeals Division, Chicago, IL, for Plaintiff-Appellee., Bruce Meachum (argued), Meachum & Martin, Danville, IL, for Defendant-Appellant.