United States Eighth Circuit

The "cramdown" requirements are met and the Chapter 11 reorganization plan is fair and equitable to dissenting classes under 11 USC 1129 et. seq. where debtor's estate was insolvent, and its extinguished equity interests lacked value.

Appellate Information

• Decided 03/14/2001
• Published 03/14/2001

Judges

• HANSEN, Circuit Judge., Before HANSEN, HEANEY, and FAGG, Circuit Judges.

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• F. Guthrie Castle, argued, Memphis, TN, for appellant., Gregory A. Lowry, argued, Dallas, TX (Phyllis Schauffler, St. Louis, MO, on the brief), for Prairie Properties.


• For Appellees:
  
• Robert H. Brownlee, argued, St. Louis, MO (Terry L. Pabst, St. Louis, MO, on the brief), for appellees Gannon Management and William E. Franke.