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Mahloch Farms, Inc., Ch. 11, BK82-669

The test of whether a proposed plan offers the indubitable equivalent isn't whether it offers the same rights as would exist in a Chapter 7 but whether it offers the indubitable equivalent of the party's rights if no bankruptcy proceeding existed at all

Date: 
Monday, December 5, 1983
Judge: 
Judge Timothy J. Mahoney (Retired)