IN RE SNYDERS DRUG STORES, INC.

No. 03-44577.

307 B.R. 889 (2004)

In re SNYDERS DRUG STORES, INC. and Drug Emporium, Inc., et al., Debtors.

United States Bankruptcy Court, N.D. Ohio, Eastern Division.

March 10, 2004.


Attorney(s) appearing for the Case

Thomas Salerno, Esq., Jordan A. Kroop, Esq., Squire, Sanders & Dempsey, LLP, Phoenix, AZ, Richard Gurbst, Esq., Squire, Sanders & Dempsey, LLP, Cleveland, OH, for the Debtors.

Brett Miller, Esq., Thomas Pitta, Esq., Otterbourg, Steindler, Houston & Rosen, P.C., New York City, for the Creditors Committee.

Michael P. Richman, Esq., Mayer, Brown, Rowe & Maw, LLP, New York City, for Tops and Winchester.

Darlene Nowak, Esq., Marcus & Shapira LLP, Pittsburgh, PA, for the Lessors.

Andrew Turscak, Esq., Robert Kampfner, Esq., David Dedyo, Esq., White & Case, San Francisco, CA, for McKesson Corp.

Drew T. Parobek, Esq., Carrie M. Caldwell, Esq., Vorys Sater, Seymour & Pease LLP, Cleveland, OH, for Columbus Mall and Suburban Centers.

Daniel A. DeMarco, Esq., Hahn, Loeser & Parks LLP, Cleveland, OH, for Carlton Financial Corporation.

Richard Thomas, Esq., Youngstown, OH, for American Bank Note Company.

Matthew English, Esq., Vorys Sater, Seymour & Pease LLP, Cleveland, OH, for Gibson Management Group.

Andrew Vara, Esq., Office of the U.S. Trustee, Cleveland, OH, for the United States Trustee.


MEMORANDUM OF OPINION RE CONFIRMATION

PAT E. MORGENSTERN-CLARRE, Bankruptcy Judge.

The chapter 11 debtors and unsecured creditors committee filed a joint second amended plan of reorganization that drew objections from several unsecured creditors.1 The four basic objections to the plan are that it: (1) improperly classifies unsecured creditors whose claims arise out of the rejection of leases; (2) unfairly discriminates...

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