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IN RE GENESEE CEMENT, INC.

Bankruptcy No. 82-00422.

31 B.R. 442 (1983)

In re GENESEE CEMENT, INC., Debtor.

United States Bankruptcy Court, E.D. Michigan, S.D.

July 12, 1983.

Attorney(s) appearing for the Case

Dennis M. Haley, Flint, Mich., for debtor.

MEMORANDUM OPINION DENYING APPROVAL OF AMENDED DISCLOSURE STATEMENT

STANLEY B. BERNSTEIN, Bankruptcy Judge.

Issue:

The debtor has filed an amended plan of reorganization which provides that the claims of unsecured creditors will be impaired and the equity security holder, the 100% shareholder, will retain its interest. Must the disclosure statement explain that unless the impaired class of holders...

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