In re El Ark Indus.
ELR Citation: ELR 20023 No(s). 89-11-119M (Bankr. W.D. Ark. Sep 20, 1990)
The court upholds the Environmental Protection Agency's (EPA's) objection to confirmation of a debtor's liquidation plan that would require EPA to accept conveyance of land that may be contaminated. After voluntarily filing for relief under Chapter 11, debtor proposed a liquidation plan for confirma...