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In re King Sea Restaurant No. 3, Inc.

Bankr. No.: 
01-40853
Chapter: 
11
Date of Decision: 
April 8, 2002
Issue: 
Whether Debtor established that its plan was feasible under ยง 1129(a)(11)?
Ruling: 
Debtor did not meet its burden of proving that its plan was confirmable, especially where the value of the guarantees by others of its debt was not established.
Full Bankruptcy Court Decision: