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IN RE 8315 FOURTH AVE. CORP.

Bankruptcy No. 191-15729-260 (CBD).

172 B.R. 725 (1994)

In re 8315 FOURTH AVENUE CORPORATION, Debtor.

United States Bankruptcy Court, E.D. New York.

September 22, 1994.

Attorney(s) appearing for the Case

Kirschenbaum & Kirschenbaum by Samuel Kirschenbaum, Garden City, NY, for debtor.

Corash & Hollender by Paul Hollender, Staten Island, NY, for debtor.

Kramer, Levin, Naftalis, Nessen, Kamin & Frankel by Mark Chass, New York City, for Maxwell M. Rabb, receiver for Clinton Capital Corp.

Office of U.S. Trustee by Douglas E. Spelfogel, Garden City, NY.

DECISION AND ORDER DENYING CONFIRMATION OF DEBTOR'S PLAN

CONRAD B. DUBERSTEIN, Chief Judge.

This cause was heard before the Court on Confirmation of the Debtor's plan of reorganization to which objections were filed by the Debtor's largest secured creditor. The Court, having reviewed the submission of documents and exhibits, the testimony of witnesses, and the argument of counsel, makes the following findings of fact and conclusions of law. For the reasons...

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