IN RE BEST PRODUCTS CO., INC.

Nos. 91 B 10048 (TLB) to 91 B 10053 (TLB) and 94 CIV 5388 (AGS).

177 B.R. 791 (1995)

In re BEST PRODUCTS CO., INC., et al., Debtors. RESOLUTION TRUST CORPORATION, as receiver for Farwest Savings and Loan Association and ABQ Federal Savings Bank, Appellant, v. BEST PRODUCTS CO., INC., et al., Appellees.

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

January 20, 1995.


Attorney(s) appearing for the Case

Kronish, Lieb, Weiner & Hellman (Richard Lieb, Tara Hannon, of counsel), New York City, Resolution Trust Corp. (Joseph A. Guzinski, of counsel), Washington, DC, for appellant Resolution Trust Corp.

Weil, Gotshal & Manges (Harvey R. Miller, Marc D. Puntus, of counsel), New York City, for appellees/debtors.

Simpson Thacher & Bartlett (Robert A. Bourque, Lillian E. Kraemer, Melvyn L. Cantor, Frederic M. Brooks, of counsel), New York City, for appellees Bank Group.

Wachtell, Lipton, Rosen & Katz (Chaim J. Fortgang, Eric M. Roth, of counsel), New York City, for appellee Chemical Bank.


SCHWARTZ, District Judge:

The Resolution Trust Corporation (the "RTC") appeals from an order of the United States Bankruptcy Court for the Southern District of New York (Brozman, B.J.) ("the Bankruptcy Court") dated May 31, 1994 and docketed June 3, 1994 (the "Confirmation Order") confirming the Appellees'-Debtors' Joint Plan of Reorganization dated January 14, 1994 under chapter 11 of title 11 of the United States Code (the "Plan" and the "Bankruptcy Code", respectively...

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