In Re Sovereign Group 1985-27, Ltd.
District Court, E.D. Pennsylvania
1Opinion of the Court
MEMORANDUM AND ORDER
BECHTLE, Chief Judge.
Presently before the court is Northern Central Bank’s (“Bank”) appeal from the Order of the bankruptcy court confirming the Sixth Amended Plan of Reorganization (“Plan”) of Sovereign Group 1985-27, Ltd., a Pennsylvania limited partnership d/b/a Cambridge Village Apartments Limited Partnership (“Debtor”) and entering a permanent injunction against foreclosure in a case arising under Chapter 11 of the Bankruptcy Code. 11 U.S.C. § 1101 et seq. For the reasons set forth below, the decision of the bankruptcy court will be reversed, and the matter will be…
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