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IN MATTER OF APEX PHARMACEUTICALS, INC.

No. 3:96cv66 AS.

203 B.R. 432 (1996)

In the Matter of APEX PHARMACEUTICALS, INC. AMERICAN NETWORK LEASING, INC., Appellant, v. APEX PHARMACEUTICALS, INC., City of Elkhart, and Official Unsecured Creditors' Committee, Appellees. Kenneth C. MEEKER, Chapter 11 Trustee.

United States District Court, N.D. Indiana, South Bend Division.

December 13, 1996.

Attorney(s) appearing for the Case

American Network Leasing, Inc., Sarasota, FL, pro se.

W. Douglas Thorne, Thorne Grodnik Ransel Duncan Byron and Hostetler, Elkhart, IN, for Apex Pharmaceuticals, Inc.

Paul D. Eash, City Attorney, City of Elkhart, Elkhart, IN, for City of Elkhart.

Jeffery A. Johnson, May Oberfell and Lorber, South Bend, IN, for Official Unsecured Creditors' Committee.

MEMORANDUM AND ORDER

ALLEN SHARP, Chief Judge.

American Network Leasing, Inc. ("ANL"), an equity security holder and alleged unsecured creditor in the above-captioned Chapter 11 bankruptcy proceeding, appeals from a final decision of the United States Bankruptcy Court rejecting ANL's proposed plan of reorganization for debtor APEX Pharmaceuticals, Inc. ("APEX"), and approving a Settlement Agreement submitted by the City of Elkhart ("City" or "Elkhart...

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