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IN RE SPRINGBROOK APARTMENTS OF ANDERSON, LTD.

Bankruptcy No. 2-90-03040.

135 B.R. 526 (1992)

In re SPRINGBROOK APARTMENTS OF ANDERSON, LTD., Debtor.

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

January 3, 1992.

Attorney(s) appearing for the Case

Victor Krupman, Columbus, Ohio, for debtor.

Leonard A. Carlson, Schottenstein, Zox & Dunn, Columbus, Ohio, for Crown Life Ins. Co.

Jay Alix, Jay Alix & Associates, Southfield, Mich., Chapter 11 Trustee, Michael L. Cook, Sally M. Henry, Skadden, Arps, Slate, Meagher & Flom, New York City, Carol Stebbins, Marilyn Shea-Stonum, Jones, Day, Reavis & Pogue, Columbus, Ohio, Co-Counsel to the Trustee.

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

Leon Friedberg, Benesch, Friedlander, Coplan & Aronoff, Columbus, Ohio, for the Official Committee of Unsecured Creditors.

Harvey S. Minton, Minton & Leslie, Columbus, Ohio, Charles J. Taunt, Charles J. Taunt & Associates, Birmingham, Mich., Gary H. Cunningham, Kramer Mellen, P.C., Southfield, Mich., special counsel to the Trustee of the Consolidated Estate.

James Bownas, Legal Counsel, Cardinal Industries, Inc., Columbus, Ohio.

OPINION AND ORDER ON POST-CONFIRMATION REPORTING BY PLAN PROPONENT

BARBARA J. SELLERS, Bankruptcy Judge.

I. Facts and Procedural History

Before the Court is the first post-confirmation report ("Report") filed by the debtor, Springbrook Apartments of Anderson, Ltd. ("Springbrook"). The Court has reviewed Springbrook's Report and has concluded that the debtor is not making payments in accordance with the plan.

The Court has jurisdiction...

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