In Re Vincent

ORDER

PAUL E. JENNINGS, Bankruptcy Judge.

There is before the court a “Motion to Reconsider Application for Further Time to File Plans of Reorganization” filed by the debtor, and “Application for Further Time to File Plans of Reorganization” filed by parties interested in purchasing 51% of the issued and outstanding stock of Sequatchie Power Company and 51% of the land, oil, gas, coal and mineral leases of Robert D. Vincent.

The debtors filed for relief under Chapter 11 of the Code on October 1, 1979. On October 15, 1979, Irwin A. Deutscher was appointed trustee. On January 28, 1980, there was…