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IN RE AZTEC CO.

Bankruptcy No. 388-05495.

99 B.R. 388 (1989)

In re AZTEC COMPANY, d/b/a Aztec Villa Apartments, Debtor.

United States Bankruptcy Court, M.D. Tennessee.

May 11, 1989.

Attorney(s) appearing for the Case

G. Rhea Bucy, Thomas H. Forrester, Gullett, Sanford, Robinson & Martin, Nashville, Tenn., for debtor.

John H. Bailey, III, Barbara A. Rose, Bass, Berry & Sims, Nashville, Tenn., for Federal Home Loan Mortg. Corp.

MEMORANDUM

KEITH M. LUNDIN, Bankruptcy Judge.

The first mortgage holder objects to confirmation in this one asset Chapter 11 case. The issues are: (1) whether the interest rate offered the first mortgage holder by the debtor's plan satisfies the "fair and equitable" test for confirmation in 11 U.S.C.S. § 1129(b)(2)(A)(i)(II) (1987); (2) whether the debtor's separate classification of the deficiency claim of the objecting mortgage holder satisfies the...

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