DECISION ON CONFIRMATION
BURTON PERLMAN, Bankruptcy Judge.
Debtor in this Chapter 11 case is a corporation engaged in the business of developing land and building condominiums on it for resale. The stock in the corporate debtor is owned fifty percent each by Messrs. Gilmore and Diem. A disclosure statement was filed on behalf of debtor and one was also filed on behalf of a creditor, Kilday. Both were approved by the court, and separate and competing plans...
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