IN RE PLATA

No. 90-35498.

958 F.2d 918 (1992)

In re Juan O. PLATA, In re Catalina Plata, Debtors. Peter H. ARKISON, Trustee, Appellant, v. Juan O. PLATA, Catalina Plata, Appellees.

United States Court of Appeals, Ninth Circuit.

Decided March 10, 1992.


Attorney(s) appearing for the Case

Peter H. Arkison, Bellingham, Wash., for appellant.

Laughlan H. Clark, Brennan & Clark, Bellingham, Wash., for appellees.

Before WRIGHT, BRUNETTI and LEAVY, Circuit Judges.


LEAVY, Circuit Judge:

This case presents the court with a question of first impression involving an interpretation of Chapter 12 of the Bankruptcy Code, viz., do funds acquired by the petitioners following confirmation of their reorganization plan and held by the Chapter 12 bankruptcy trustee for eventual distribution to creditors belong to the petitioners or to their creditors at the time the Chapter 12 case is converted to a Chapter 7 liquidation? We agree...

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