By Holly Davala, Staff Attorney for Chapter 13 Trustee Craig Shopneck
In re Sunnyslope Housing Limited Partnership (First Southern National Bank v. Sunnyslope Housing Limited Partnership), Nos. 12-17241, 12-17327, 13-16164, 13-16180, (9th Cir. May 26, 2017).
The en banc court affirmed the district court’s judgment which affirmed the bankruptcy court’s affirmance of a Chapter 11 plan, as modified on remand from the district court. The court held under Associates Commercial Corp. v. Rash, 520 U.S. 953 (1997) that the “value standard . . .
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