Matter of Northwest Recreational Activities, Inc.

ORDER

WILLIAM L. NORTON, Jr., Bankruptcy Judge.

On February 21, 1980, the court held a hearing on confirmation of the plan of reorganization. Chattanooga Federal Savings and Loan Association (hereinafter “Chattanooga Federal”) at the inception of the hearing filed its “Objections to Confirmation of Plan” and moved to dismiss debtor’s Chapter 11 case because, inter alia, the debtor had failed to file a Disclosure Statement in compliance with 11 U.S.C. § 1125 (hereinafter “section 1125 of the Bankruptcy Code”) Chattanooga Federal contended that the failure to file a Disclosure Statement and get…