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  5. 621 B.R. 330 (2020)
 

IN RE S B BLDG. ASSOCIATES LTD. PARTNERSHIP

Case No.: 13-12682 VFP, Case No.: 13-12685 VFP, Case No.: 13-12689 VFP Jointly Administered.

621 B.R. 330 (2020)

IN RE: S B BUILDING ASSOCIATES LIMITED PARTNERSHIP, Debtor. In re: SB Milltown Industrial Realty Holdings, LLC, Debtor. In re: Alsol Corporation, Debtor.

United States Bankruptcy Court, D. New Jersey.

Signed November 6, 2020.

Attorney(s) appearing for the Case

BERGER & BORNSTEIN, PA, Lawrence S. Berger, Esq., 237 South Street, Morristown, NJ 07960, Attorneys for Debtors.

THOMPSON & KNIGHT, LLP, Stuart J. Glick, Esq., 900 Third Avenue, 20th Floor, New York, NY 10022, Attorneys for Cherry Tree Property and SASS MUNI IV, V, and VI.

OFFICE of the UNITED STATES TRUSTEE, Benjamin Teich, Esq., One Newark Center, Ste. 2100, Newark, NJ 07102.

RABINOWITZ, LUBETKIN & TULLY, LLC, Jay L. Lubetkin, Esq., John J. Harmon, Esq., 393 Eisenhower Parkway, Ste. 100, Livingston, NJ 07039, Attorneys for Debtors.

GIBBONS P.C., Mark Conlan, Esq., Thomas Valen, Esq., David N. Crapo, Esq., One Gateway Center, Newark, NJ 07102-5310, Attorneys for Boraie Development.

NORRIS McLAUGHLIN, P.A., Morris S. Bauer, Esq., 400 Crossing Boulevard, 8th Floor, P.O. Box 5933, Bridgewater, New Jersey 08807, Former Attorneys for Debtors.

OPINION ON CONFIRMATION

I. INTRODUCTION

In these cases, the Court is faced with an unusual, if not unique, situation. The Plans proposed by these Debtors (collectively, the "Plan"): (a) provide for a 100% dividend to unsecured...

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