- 11 U.S.C.
In re Valencia Flour Mill Ltd.
Aug
22
2006
Ruling
Modification of plan denied due to change in classification of claim without creditor's consent and insufficient payments to a secured creditor.
Procedural posture
A corporate debtor submitted a modification to its plan of reorganization for confirmation, proposing to modify or limit the claims two secured creditors, one to an unsecured claim of less than $10,000 and the other to preclude liability of the individual co-debtors.
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Court
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