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IN RE EVANS PRODUCTS CO.

Bankruptcy No. 85-00512-BKC-TCB, Adv. No. 86-0269-BKC-TCB-A.

62 B.R. 173 (1986)

In re EVANS PRODUCTS COMPANY, et al., Debtors. COMMITTEE OF NON-INSIDER EQUITY SECURITY HOLDERS OF EVANS PRODUCTS COMPANY, Plaintiff, v. EVANS PRODUCTS COMPANY, Victor Posner, Monford Orloff, Steven Posner, Melvin Colvin, Bernard Posner, Martin Rosen, Walter Sieckman, Paul Bragdon, Donald Engel, R.W. Deweese and Dante Fabiani, Defendants.

United States Bankruptcy Court, S.D. Florida.

May 2, 1986.

Attorney(s) appearing for the Case

Stephen J. Blauner, Milbank, Tweed, Hadley & McCloy, New York City, for plaintiff.

Patrick A. Barry, English, McCaughan & O'Bryan, Fort Lauderdale, Fla., co-counsel for plaintiff.

Robert A. Mark, Stearns, Weaver, Miller, et al., P.A., Miami, Fla., for defendants.

Greer, Homer, Cope & Bonner, Miami, Fla., co-counsel for defendants.

ORDER DENYING COMMITTEE'S MOTIONS AND DISMISSING ADVERSARY PROCEEDING

THOMAS C. BRITTON, Chief Judge.

Since August 1985, the active participants in this chapter 11 case have been discussing the possibility of a consensual plan. By April 10, 1986, the discussions had progressed to the point that the major terms of such an agreement appeared to have the support of the lenders group, each of the official creditors...

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