Case number: 1:24-bk-10131 - ARNOLD FARMS, INC. - Montana Bankruptcy Court

Minutes of Hearing Held; Witness J.T. Korkow sworn in and examined. Witness Jerry Arnold sworn in and examined. Debtor's exhibit 13 admitted. Witness Clay Redding sworn in and examined. Witness J.T. Korkow recalled. Both parties gave closing arguments. Matter taken under advisement. Appearances by: Bob Drummond, Gary Deschenes and Jenny Jourdonnais. Hearing commenced at 09:46 AM and concluded at 01:45 PM

CONFIRMATION HEARING scheduled for 10/2/2025 at 09:00 AM at 201 E. BROADWAY, MISSOULA, MT

Minutes of Hearing Held; Regarding objection of creditor Coel Stutheit at document 148 parties indicate resolution can be reduced to writing; agreement between debtor and creditor stated on the record, Court will provide direction on the filing of the stipulation, stipulation shall include Trustee. Debtor and Independence Bank state on the record that they have reached an agreement on the aggregate value of the machinery. Regarding objection of creditor Independence Bank at 149 - Parties with agreed upon exhibits; Court admits creditor Independence Banks exhibits A-J, N & O as to 154 and Debtors exhibits 1-8, 11, 12, and 16-19 as to 160. Debtor calls witness J.T. Korkow, witness sworn, debtors counsel with direct examination. Debtors counsel moves for admission of exhibit 9, no objection, exhibit 9 admitted. Debtors counsel moves for admission of exhibit 10, no objection, exhibit 10 admitted. Debtor calls Josh Larson, witness sworn, Debtors counsel with direct examination, creditors counsel with cross examination, Debtors counsel with redirect, witness dismissed. Debtor calls Carly Bishop (appearing via zoom), witness sworn, debtors counsel with direct examination, requests witness be declared expert witness, no objection; debtors counsel moves for admission of exhibit 15, no objection, exhibit 15 admitted; creditors counsel with cross examination, debtors counsel with redirect, witness dismissed. Creditor Independence Bank calls Chandra Moomey, witness sworn, creditors counsel with direct examination; creditor moves to admit exhibit K, debtors counsel objects, overruled, exhibit K admitted; creditor moves to admit exhibit P, debtors counsel object, overruled, exhibit P admitted; debtors counsel with cross examination, creditor moves to admit exhibit R, no objection, exhibit R admitted; creditors counsel with redirect, witness excused. Debtor calls Deborah Arnold (appearing via zoom), witness sworn, debtors counsel with direct examination, witness excused. Hearing to be continued to Thursday 10/2/2025 at 9 AM. Appearances by: Gary Deschenes for the Debtor, Robert Drummond, Chapter 12 Trustee, Bryce Burke for creditor Cole Stutheit, Jenny Jourdonnais for creditor Independence Bank. Hearing commenced at 11:20 AM, with recess from 1:17 PM to 1:31 PM and 2:00 PM to 2:45 PM and concluded at 04:52 PM.