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In re Bath Bridgewater S. LLC

In re Bath Bridgewater S. LLC

Ruling
Confirmation denied due to failure to satisfy fair and equitable test for cram down.
Procedural posture

Pending before the court was the matter taken under advisement in connection with the court's order of September 20, 2012: specifically, whether a certain creditor had a deficiency claim, and if not, whether debtor's plan of reorganization should be confirmed pursuant to 11 U.S.C.S. § 1129(b).

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Commercial opinion summary, case decided on March 12, 2013 , LexisNexis #0413-026