ORDER DENYING MOTION UNDER § 1129(b)
JOEL PELOFSKY, Bankruptcy Judge.
In this Chapter 11 proceeding, the debtor has proposed a plan with four classes of creditors. Administrative costs constitute Class One; Secured claims constitute Class Two. Both of these classes are to be paid in full. Class Three is composed of unsecured creditors. This class is to be paid 10% of their allowed claims. Class Four is composed of stockholders who are to receive no...
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