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IN RE ORLANDO INVESTORS, L.P.

Bankruptcy No. 88-11211F.

103 B.R. 593 (1989)

In re ORLANDO INVESTORS, L.P., Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

July 28, 1989.

Attorney(s) appearing for the Case

Robert M. Greenbaum, William M. Lashner, Lashner, Victor & Maschmeyer, Philadelphia, Pa., for objectors, ltd. partners.

Raymond H. Lemish, Myron A. Bloom, Adelman Lavine Gold and Levin, Philadelphia, Pa., for debtor, Orlando Investors, L.P.

MEMORANDUM OPINION

BRUCE I. FOX, Bankruptcy Judge:

Before me is the question of whether the debtor's Second Amended Plan of Reorganization should be confirmed pursuant to 11 U.S.C. § 1129(a). Ten limited partners, acting in concert, have filed objections to confirmation.

I.

The debtor, Orlando Investors, L.P., was formed in August, 1985 as a limited partnership. Its sole asset is a 260 unit apartment complex known as the "Pacesetter...

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