In Re Duval Manor Associates

OPINION

STEPHEN RASLAVICH, Bankruptcy Judge.

Introduction.

Before the Court is the request of the above Chapter 11 Debtor, Duval Manor Associates (“Duval” or “Debtor”) for confirmation of its first amended plan of reorganization. Confirmation is vigorously opposed by the Debtor’s sole secured creditor, John Hancock Mutual Life Insurance Company (“John Hancock”), which in turn renews a Motion for Relief from the Automatic Stay that had been provisionally denied pending the -outcome of the confirmation hearing. For the reasons which follow, the Court concludes that confirmation of the present Plan…