In Re Modern Glass Specialists, Inc.

DECISION AND ORDER

JAMES E. SHAPIRO, Bankruptcy Judge.

Before this Court is an objection filed by Coolidge Glass Company (“Coolidge”), the largest unsecured creditor, to a plan of reorganization submitted by Modern Glass Specialists, Inc. (“debtor”). 1 The debtor is a company which has been engaged in the installation of glass since 1977. Edward and Mary Schmierer are its sole stockholders.

In support of its objection, Coolidge asserts as follows:

“1. The plan is not fair and equitable under section 1129(b)(2)(B) in that it does not provide the impaired class of unsecured creditors with an amount…