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ALEXANDER PROPERTIES, L.L.C. v. PATAPSCO BANK

Civil No. JKB-11-3056.

883 F.Supp.2d 552 (2012)

ALEXANDER PROPERTIES, L.L.C., Appellant v. The PATAPSCO BANK, Appellee.

United States District Court, D. Maryland.

August 6, 2012.

Attorney(s) appearing for the Case

James C. Olson , Law Offices of James C. Olson, Owings Mills, MD, for Appellant.

Kenneth R. Rhoad , Michael Charles Bolesta Baltimore, MD, for Appellee.

MEMORANDUM

JAMES K. BREDAR, District Judge.

The issue that must be decided in this appeal is whether the bankruptcy court properly declined approval of Appellant's disclosure statement because Appellant's proposed Chapter 11 reorganization plan was unconfirmable inasmuch as it depended upon

1. the bankruptcy court's ordering Appellee to vacate confessed judgments obtained by Appellee in Maryland state courts against nondebtor guarantors on...

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