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Sandpoint Cattle Co., LLC, Ch. 11, BK13-40219-TJM (Mar. 1, 2013)

The court denied the debtor’s proposed use of cash collateral from the sale of cattle because the creditor was not adequately protected. The debtor’s cash flow estimates were not reliable as there was no evidence of the future market value of the animals or even the actual number of animals on hand at the time of the hearing.

Friday, March 1, 2013