IN RE BURTON SECURITIES, S.A.

Bankruptcy No. 91-26594-C-11.

148 B.R. 478 (1992)

In re BURTON SECURITIES, S.A., Debtor.

United States Bankruptcy Court, S.D. Texas, Corpus Christi Division.

November 30, 1992.


Attorney(s) appearing for the Case

Warren Fields, Jeffrey A. Shadwick, Winstead, Sechrest & Minick, Houston, TX, for debtor.

Ryan Dyson, Kleberg & Head, Corpus Christi, TX, for Kleberg & Head.

R.W. Woolsey, Woolsey & Cassidy, Corpus Christi, TX, for Tor Husjord Shipping, A/S.


MEMORANDUM OPINION ON CONFIRMATION OF CREDITOR PLAN OF REORGANIZATION

RICHARD S. SCHMIDT, Bankruptcy Judge.

On this day came on for consideration confirmation of the Creditor Plan of Reorganization, as amended (the "Creditor Plan"), which was proposed by certain creditors of the estate (the "Plan Creditors"). The Court, having heard the evidence and arguments of counsel, finds that the Creditor Plan should be confirmed and makes the following findings of...

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