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IN RE NEW MADRID NURSING HOME, INC.

Nos. S87-0010C, S87-0011C.

74 B.R. 240 (1987)

In re NEW MADRID NURSING HOME, INC., Debtor. OFFICIAL CREDITORS COMMITTEE, Swink & Co., Inc., and First State Bank of Caruthersville, Appellants, v. James R. BLADES, Blades Incorporated, and Consolidated Housing Development and Management Inc., Appellees.

United States District Court, E.D. Missouri, Southeastern Division.

May 12, 1987.

Attorney(s) appearing for the Case

Isaac A. Scott, Jr., Charles L. Schlumberger, Little Rock, Ark., James E. Reeves, Caruthersville, Mo., Lloyd A. Palans, Clayton, Mo., for appellants.

Lem T. Jones, Jr., Kansas City, Mo., Jerome I. Kaskowitz, St. Louis, Mo., Deborah Weedman, Clayton, Mo., James L. Needler, Chicago, Ill., for appellees.

MEMORANDUM AND ORDER

WANGELIN, District Judge.

This matter is before the Court on appeal from the United States Bankruptcy Court.

New Madrid Nursing Home, Inc. ("New Madrid" "Debtor") filed its voluntary Chapter 11 petition on July 18, 1983. On January 26, 1985, the Court denied a plan of reorganization proposed by Debtor and instead confirmed one proposed by Beverly Enterprises, Beverly Enterprises-Missouri, Inc., and Swink & Co., Inc. The confirmed...

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