Wells Fargo Bank NA appeals from a district court decision affirming confirmation of a Chapter 11 cramdown plan. Bankruptcy courts are not tied to a specific methodology as they assess the appropriate Chapter 11 cramdown rate of interest. The bankruptcy court's 5 percent cramdown rate made on the basis of a straightforward application of the prime-plus approach was not clear error. The district court's judgment is affirmed. 5th U.S. Circuit Court of Appeals, No. 1-11109, 03-01-2013
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In the Matter of: Texas Grand Prairie Hotel Realty LLC
5th Cir.
March 7, 2013
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