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IN RE GIBBS

Bankruptcy No. 95-50902.

230 B.R. 471 (1999)

In re Michael A. GIBBS, and Giselle Gibbs, Debtors.

United States Bankruptcy Court, D. Connecticut.

March 12, 1999.

Attorney(s) appearing for the Case

Douglas Tabachnik, New York City, for debtors.

Richard M. Zaroff, Greenberg, Traurig, Hoffman, Lipoff, Rosen & Quentel, New York City, for debtors.

William Rossi-Hawkins, Philips, Lytle, Hitchcock, Blaine & Huber, LLP, New York City, for Marine Midland Bank.

David A. Ball, Cohen and Wolf, Bridgeport, CT, for Marine Midland Bank.

MEMORANDUM AND ORDER DENYING CONFIRMATION

ALAN H.W. SHIFF, Chief Judge.

It was determined at an October 14, 1998 hearing that the debtors' Fifth Amended Plan of Reorganization (the "Plan") was not confirmable. This decision memorializes that ruling.

BACKGROUND

On June 19, 1995, the debtors commenced this chapter 11 case, and on March 2, 1998, they filed their Fifth Amended Plan together with their Fourth Amended Disclosure Statement. The...

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