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IN RE KAMAYAN HOLDINGS, LLC

Bankr. Case No. 10-54702-C.

In re Kamayan Holdings, LLC, Chapter 11, Debtor.

United States Bankruptcy Court, W.D. Texas, San Antonio Division.

May 22, 2012.

Decision on Plan Confirmation

LEIF M. CLARK, Bankruptcy Judge.

This is a decision on confirmation of the debtor's plan of reorganization. The debtor is the owner of a hotel in Kerrville, Texas. PMC is the debtor's secured creditor, and objects to the plan. There is no dispute that the debtor has satisfied all the elements of section 1129(a), save for two. With respect to feasibility and cramdown, PMC says that the plan fails and should not be confirmed....

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