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In re Gregory Rockhouse Ranch

In re Gregory Rockhouse Ranch

Ruling
Artificial impairment of non-insider claim for sole purpose of manufacturing plan acceptance from an impaired creditor not permissible.
Procedural posture

Debtors'bankruptcy proceedings were jointly administered. The matter was before the court on confirmation of debtors'plans of reorganization. A creditor objected to confirmation.

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Commercial opinion summary, case decided on December 21, 2007 , LexisNexis #0208-033