IN RE CLASSIC CHEMICAL AND SUPPLY CO.

Bankruptcy No. 96-11444DAS.

198 B.R. 112 (1996)

In re CLASSIC CHEMICAL AND SUPPLY CO., INC., Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

July 17, 1996.


Attorney(s) appearing for the Case

John Francis Murphy, Doylestown, PA, for Debtor.

Thomas M. Rath, Philadelphia, PA, for the IRS.

Frederic Baker, Ass't. U.S. Trustee, Philadelphia, PA.


OPINION

DAVID A. SCHOLL, Chief Judge.

A. INTRODUCTION

The sole, narrow issue presented in determining whether this court should confirm the Plan of Reorganization ("the Plan") of CLASSIC CHEMICAL AND SUPPLY COMPANY, INC. ("the Debtor") is whether the Debtor has met the burden of establishing that its designation to apply the payments of the Debtor on its liabilities to the Internal Revenue...

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