In Re Fowler

903 F.2d 694 58 USLW 2734 , 22 Collier Bankr.Cas.2d 1659 , Bankr. L. Rep. P 73,390 In re John FOWLER, d/b/a Wyola Creek Ranch, Debtor. FARM CREDIT BANK OF SPOKANE; (formerly Federal Land Bank of Spokane); Interstate Production Credit Association, Appellants/Cross-Appellees, v. John FOWLER, d/b/a Wyola Creek Ranch, Appellee/Cross-Appellant. Nos. 89-35118, 89-35133. United States Court of Appeals, Ninth Circuit. Argued and Submitted March 6, 1990. Decided May 16, 1990. Gregory G. Murphy, Moulton, Bellingham, Longo & Mather, P.C., Billings, Mont., for appellant/cross-appellee Farm Credit Bank of Spokane. Charles W. Hingle, Dorsey & Whitney, Billings, Mont., for appellant/cross-appellee Interstate Production Credit Ass'n. Appeal from the United States District Court for the District of Montana. Before WRIGHT, REINHARDT and O'SCANNLAIN, Circuit Judges. EUGENE A. WRIGHT, Circuit Judge: 1 The question is whether the bankruptcy court applied the correct cramdown rate in confirming a reorganization plan under Chapter 12 of the Bankruptcy Code. BACKGROUND 2 John Fowler operates a ranch in Big Horn County, Montana. He petitioned for relief under Chapter 12 of the Bankruptcy Code, 11…