IN RE GEORGETOWN PARK APARTMENTS, LTD.

88-09901-LM11.

103 B.R. 248 (1989)

In re GEORGETOWN PARK APARTMENTS, LTD., a California Limited Partnership, Debtor.

United States Bankruptcy Court, S.D. California.

June 30, 1989.


Attorney(s) appearing for the Case

Richard W. Esterkin, Gendel, Raskoff, Shapiro & Quitnner, Los Angeles, Cal., for First City.

Ross M. Pyle, Jennings, Engstrand & Henrikson, San Diego, Cal., for debtor.

Larry Remy, San Diego, Cal., U.S. Trustee.


LOUISE DeCARL MALUGEN, Bankruptcy Judge.

This matter is before the Court on the First City Bank of Austin, Texas ("First City") objections to the debtor's Third Amended Disclosure Statement. Among the objections raised, First City argues that this Court should not approve the disclosure statement for the reason that the proposed plan is not confirmable as a matter of law because it deprives First City of the unsecured recourse claim for its deficiency which I §...

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