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IRS v. Ficken (In re Ficken)

IRS v. Ficken (In re Ficken)

Ruling
Income tax liability for sales of cattle in debtor's farming operation properly held to be unsecured nonpriority claim.
Procedural posture

Debtor brought an adversary proceeding against appellant Internal Revenue Service (IRS) seeking a determination that the debtors' income tax liability from sales of cattle in their farming operation constituted an unsecured, nonpriority claim under 11 U.S.C.S. § 1222(a)(2)(A). The IRS appealed the order of the Bankruptcy Court for the District of Colorado which granted summary judgment to the debtors.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on May 07, 2010 , LexisNexis #0710-027