In Re Rolling Green Country Club

MEMORANDUM, INCLUDING FINDINGS OF FACT, CONCLUSIONS OF LAW, AND ORDERS

KENNETH G. OWENS, Bankruptcy Judge.

Hearing was held before the undersigned on August 11, 1982 to consider confirmation, or its refusal, of two competing plans of reorganization as submitted respectively by the debtor Rolling Green Country Club and First National Bank of Minneapolis, the holder of security interests in the nature of real estate mortgages on the premises of the debtor. The proponent of each plan has objected to confirmation of the other and the committee of unsecured creditors originally objecting to…