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IN RE NOLEN TOOL CO.

Bankruptcy No. FS 84-151M.

50 B.R. 488 (1985)

In re NOLEN TOOL COMPANY, Debtor.

United States Bankruptcy Court, W.D. Arkansas, Fort Smith Division.

May 30, 1985.

Attorney(s) appearing for the Case

Isaac A. Scott, Jr. and John R. Tisdale, Little Rock, Ark., for debtors.

Robert Y. Cohen, Fort Smith, Ark., for City Nat. Bank.

MEMORANDUM OPINION

JAMES G. MIXON, Bankruptcy Judge.

On January 8, 1985, the debtor-in-possession, Nolen Tool Company, filed its amended plan of reorganization. A confirmation hearing was held in Fort Smith, Arkansas, on the 27th day of February, 1985. City National Bank, which is a Class VII secured creditor, filed a written objection to confirmation and also voted to reject the plan. All other classes of creditors voted to accept the plan except Class...

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