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IN RE B.W. ALPHA, INC.

Bankruptcy No. 686-60051-11.

89 B.R. 592 (1988)

In re B.W. ALPHA, INC., Debtor.

United States Bankruptcy Court, N.D. Texas, San Angelo Division.

August 19, 1988.

Attorney(s) appearing for the Case

Samuel S. Allen, Smith, Carter, Rose, Finley & Hofmann, San Angelo, Tex., for debtor.

DeWayne (Cooter) Hale, Pulliam, Hale, Spencer, Goodman, Stanley, Pronske & Trust, P.C., Dallas, Tex., for Bank.

Terri Harris Motl, Griffis, Woodward, Colia & Motl, San Angelo, Tex., for John D. Burk.

Billy W. Boone, Abilene, Tex., for J.D. Burk.

MEMORANDUM OF OPINION ON CONFIRMATION OF DEBTOR'S PLAN OF REORGANIZATION

JOHN C. AKARD, Bankruptcy Judge.

J.D. Burk's dream has turned into a nightmare monster that threatens to devour him financially. The Plan of Reorganization proposed by the Debtor in this case is an attempt to pay something to the unsecured creditors and bring an end to the nightmare.

Facts

The Debtor's only asset is the Cactus Hotel located in San Angelo, Texas...

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