IN RE RIVER BEND-OXFORD ASSOCIATES

Bankruptcy No. 89-4-0668-SD.

114 B.R. 111 (1990)

In re RIVER BEND-OXFORD ASSOCIATES, Debtor.

United States Bankruptcy Court, D. Maryland, at Rockville.

May 8, 1990.


Attorney(s) appearing for the Case

Stephanie Wickouski, Bethesda, Md., for debtor.

Charles A. Docter, Loren Chumley, Docter & Docter, P.C., Kensington, Md., and Leon S. Forman, and Bonnie Glantz Fatell, Blank, Rome, Comisky & McCauley, Philadelphia, Pa., for Walnut G Corp. and Penn Mut. Life Ins. Co.

Daniel M. Litt, Washington, D.C., for Leo Zickler.

Clifton R. Jessup, Jr., Dixon & Dixon, Dallas, Tex., and Kathy M. Britton, Fugett & Associates, Baltimore, Md., for Aetna Ins. Co.


MEMORANDUM OF DECISION

E. STEPHEN DERBY, Bankruptcy Judge.

This matter raises the question whether a second tier owner is a party in interest within 11 U.S.C. § 1121(c) which is eligible to sponsor a debtor's plan of reorganization.

Facts

Debtor is a general partnership with two partners — Leo Zickler and River Bend Partners, a limited partnership. Leo Zickler holds a .5% interest...

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