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Judge Timothy J. Mahoney (Retired)

Merle Nicola, Trustee v. Fremont Nat'l Bank & Trust Co. (In re Vance & Hannelore Willard), BK80-644, A85-164, Ch. 7

Creditors who were given second mortgages on real estate to secure the use of cash collateral in debtors' Chapter 11 case were entitled to receive a "lost opportunity cost" in addition to their principal when the property was liquidated and distributed

Sanitary & Improvement District 65 of Sarpy County, Nebraska v. First Nat'l Bank of Aurora (In re SID #65), BK85-756, A85-352, Ch. 9

The payment rights of SID bondholders differ significantly from those of warrantholders under Nebraska law, so a Chapter 9 SID debtor's plan of arrangement may classify bondholder claims separately from and superior to the claims of warrantholders

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