IN RE GRAMERCY TWINS ASSOCIATES

Bankruptcy No. 92-B-44737(CB).

187 B.R. 112 (1995)

In re GRAMERCY TWINS ASSOCIATES, Debtor.

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

September 26, 1995.


Attorney(s) appearing for the Case

Tenzer Greenblatt Fallon & Kaplan by Andrew B. Eckstein, Harris N. Cogan, of counsel, New York City, for debtor.

Bachner Tally Polevoy & Misher by William J. Lowy, of counsel, New York City, and Andrew Williams, In-House Counsel — Mass Mutual, Springfield, MA, for Mass Mutual.


CORNELIUS BLACKSHEAR, Bankruptcy Judge.

The matter before this Court is the confirmation of the Second Amended Plan of Reorganization filed by Gramercy Twins Associates, debtor and debtor in possession, (the "Debtor"), in its chapter 11 case. Massachusetts Mutual Life Insurance Company ("Mass Mutual"), the debtor's largest secured and unsecured creditor objects to the confirmation of the plan. For the reasons discussed below, this Court denies confirmation of the...

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