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IN RE BURNSBROOKE APARTMENTS OF ATHENS, LTD.

Bankruptcy No. 2-90-02226.

151 B.R. 455 (1992)

In re BURNSBROOKE APARTMENTS OF ATHENS, LTD., Debtor.

United States Bankruptcy Court, S.D. Ohio, E.D.

November 18, 1992.

Attorney(s) appearing for the Case

Christiane Ward Schmenk, Buckley, King & Bluso, Columbus, OH, for debtor.

Drew T. Parobek, Vorys, Sater, Seymour & Pease, Columbus, OH, for American Charter Federal Sav. and Loan Ass'n.

James H. Bownas, General Counsel, Cardinal Realty Services, Inc., Reynoldsburg, OH, Leon Friedberg, Benesch, Friedlander, Coplan & Aronoff, Columbus, OH, to Cardinal Realty Services, Inc.

Charles M. Caldwell, Asst. U.S. Trustee, Columbus, OH, Columbus Office of the United States Trustee for Region IX.

OPINION AND ORDER ON PROPOSED POSTCONFIRMATION MODIFICATION OF CHAPTER 11 PLAN

BARBARA J. SELLERS, Bankruptcy Judge.

Burnsbrooke Apartments of Athens, Ltd. ("Burnsbrooke") obtained confirmation of its second amended plan of reorganization ("Plan") on September 5, 1991. On June 25, 1992 Burnsbrooke filed a proposed postconfirmation modification ("Modification") of that Plan. The Modification proposes to refund a portion of equity contributions received by...

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