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IN RE DUNE DECK OWNERS CORP.

Bankruptcy No. 93 B 46021 (SMB).

175 B.R. 839 (1995)

In re DUNE DECK OWNERS CORP., Debtor.

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

January 5, 1995.

Attorney(s) appearing for the Case

Kasowitz Hoff Benson & Torres (David M. Friedman, Lorie R. Beers, of counsel), New York City, for debtor.

Milbank Tweed Hadley & McCloy (Barry G. Radick, Michael J. Edelman, of counsel), New York City, for KHD Acquisition Corp.

MEMORANDUM DECISION OVERRULING OBJECTIONS TO THE DEBTOR'S DISCLOSURE STATEMENT

STUART M. BERNSTEIN, Bankruptcy Judge.

The ostensible matter before the Court—approval of the Debtor's disclosure statement —masks the real issue: should the Court designate a secured creditor's vote based on claims purchased during the Chapter 11 case for the avowed purpose of defeating confirmation? KHD Acquisition Corp. ("KHD") holds an approximate...

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