REAVLEY, Circuit Judge:
Kermit Wayne Williams, a Chapter 11 debtor under the Bankruptcy Code, 11 U.S.C. § 1101 et seq., sought confirmation of his reorganization plan. The bankruptcy court denied confirmation and the district court affirmed. We affirm.
I
On May 9, 1986, Williams filed a voluntary bankruptcy petition under Chapter 11, 11 U.S.C. § 1101 et seq. His estate consisted of two primary assets: (1) interest in certain...
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