IN RE DURRETT

Bankruptcy No. 90-12217.

139 B.R. 1 (1992)

In re Dewey and Pauline DURRETT, Debtors.

United States Bankruptcy Court, D. New Hampshire.

January 31, 1992.


Attorney(s) appearing for the Case

Mark W. Vaughn, Devine, Millimet, P.A., Manchester, N.H., for DIP.

James C. Fox, Shapiro, Israel & Weiner, Boston, Mass., for U.S. Trust Co.

Joseph A. Foster, McLane, Graf, Raulerson & Middleton, Manchester, N.H., for Citizen's Nat. Bank of Elkins.

Robert Fryer, Londonderry, N.H., for U.S. Trust Co.

Edmond J. Ford, Ford & Ford, Portsmouth, N.H., for FDIC, New Dartmouth Bank, Numerica Sav. Bank.

H. Brann Altmeyer, Phillips, Gardill, Kaiser, Boos & Hartley, Wheeling, W.Va., J. Michael Deasy, Nashua, N.H., for Wheeling Dollar Bank.

J. Christopher Marshall, McLane, Graf, Raulerson & Middleton, Manchester, N.H., for South Shore Bank.

Kevin G. Sugg, Becket, Watkins & Assoc., Malvern, Pa., for American Exp. Centurion Bank.

Grenville Clark, Manchester, N.H., for Warren Shaw.

Geraldine L. Káronis, Boston, Mass., for UST.

Sandra K. Curtin, Becket, Watkins & Assoc., Malvern, Pa., for MBNA America.

Peter Bronstein, Salem, N.H., for Fleet Bank of N.H.

Frederick W. Murdock, Jr., Methuen, Mass., for Lawrence Sav. Bank.

John A. Malmberg, Castaldo, Hanna & Malmberg, Concord, N.H., for Federal Land Bank Assoc.

Raymond P. D'Amante, Concord, N.H., for Provident Institution for Sav.

John D. Sheehan, Becket, Watkins & Assoc., Malvern, Pa., for American Express, Optima Card Div.; First Omni Bank, N.A.

Richard E. Fradette, Raymond Cloutier Law Offices, Manchester, N.H., for First N.H. Bank, N.A.

Charles F. Perrault, Methuen, Mass., for Franklin S. Davis.

Richard Y. Uchida, Concord, N.H., for Vanguard Sav. Bank.

Tali A. Tomsic, Rosenberg & Kitaeff, N. Andover, Mass., for Martha/Gary Bergeron.

Gary Klein, NH Legal Assoc., Manchester, N.H., for Gina Abreu.

Jerome S. Gold, Gold & Vanaria, Springfield, Mass., for Shawmut Bank, N.A.

Raymond P. Bell, Jr., Wilmington, Del., for MBNA America.


OPINION AND ORDER

JAMES E. YACOS, Bankruptcy Judge.

The issue the Court must decide is whether debtor's Fifth Amended Plan of Reorganization dated January 16, 1992, has inappropriately classified the claim of Provident Institute for Savings, now known as Shawmut (hereinafter referred to as "Shawmut"), along with the claims of general unsecured creditors in violation of 11 U.S.C. § 1122(a).1...

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