IN RE GREEN

BAP No. NV-88-1022-MePeV, Bankruptcy No. 86-00363.

98 B.R. 981 (1989)

In re Bill Madison GREEN, Debtor. CARSON NUGGET, INC., W.H. and Alice Adams and Alan H. Adams, Appellants, v. Bill Madison GREEN, Appellee.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided April 27, 1989.


OPINION

PER CURIAM:

I

This case arises from an order confirming Debtor's Chapter 11 plan. The Court confirmed the Plan over creditor objections that the plan allowed Debtor to retain an equity interest despite the fact that unsecured creditors received less than the full amount of their claims. We REVERSE and REMAND.

II

FACTS

From 1960 until 1985, the Debtor was involved with a motel, casino, restaurant and convention...

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