In Re Entz-White Lumber And Supply, Inc.

850 F.2d 1338 98 A.L.R.Fed. 831, 18 Bankr.Ct.Dec. 83 , Bankr. L. Rep. P 72,380 In re ENTZ-WHITE LUMBER AND SUPPLY, INC., Debtor. GREAT WESTERN BANK & TRUST, now known as Citibank (Arizona), an Arizona banking corporation, Plaintiff-Appellant, v. ENTZ-WHITE LUMBER AND SUPPLY, INC., Defendant-Appellee. No. 87-2428. United States Court of Appeals, Ninth Circuit. Argued and Submitted April 14, 1988. Decided June 28, 1988. Richard L. Epling, Cathy M. Holt, Brown & Bain, P.A., Phoenix, Ariz., for plaintiff-appellant. Randolph J. Haines, Lewis and Roca, Phoenix, Ariz., for defendant-appellee. Appeal from the United States District Court for the District of Arizona. Before CHOY, SNEED and HUG, Circuit Judges. SNEED, Circuit Judge: 1 Great Western Bank & Trust (Great Western), an Arizona banking corporation, challenged the Chapter 11 plan filed by Entz-White Lumber & Supply (Entz-White), on the ground that it impermissibly undervalued Entz-White's liability to Great Western. Specifically, Great Western insists that the plan used an incorrect post-maturity interest rate and that it failed to recognize that Entz-White had guaranteed an unpaid personal loan to Jack Entz made…