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IN RE NEW LIFE FELLOWSHIP, INC.

Bankruptcy No. 95-14678-BH.

202 B.R. 994 (1996)

In re NEW LIFE FELLOWSHIP, INC., Debtor.

United States Bankruptcy Court, W.D. Oklahoma.

November 21, 1996.

Attorney(s) appearing for the Case

Gretchen G. Harris, Oklahoma City, OK, for the Oklahoma Department of Securities.

Jackie L. Hill, Jr., Oklahoma City, OK, for the Indenture Trustee, American Church Trust Company.

John R. Hughey, Oklahoma City, OK, for the Unsecured Creditors' Committee.

Michael P. Kirschner, Lee & Kirschner, P.L.L.C., Oklahoma City, OK, for the case trustee.

Edward Nazar, Redmond & Nazar, L.L.P., Wichita, KS, for the Official Bondholders' Committee.

Mark B. Toffoli, Oklahoma City, OK, for the United States Trustee.

MEMORANDUM OF DECISION AND ORDER DENYING MOTIONS TO VACATE APPOINTMENT OF THE OFFICIAL BONDHOLDERS' COMMITTEE

RICHARD L. BOHANON, Bankruptcy Judge.

The United States trustee has appointed an official bondholders' committee. The unsecured creditors' committee, the case trustee and the bondholders' indenture trustee all now seek an order vacating the appointment and abolishing the bondholders' committee.

The debtor sold several issues...

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