IN RE: DREXEL BURNHAM LAMBERT GROUP INC., ET AL., Debtor, 138 B.R. 723

Summary

Multiple debtors filed plan of reorganization under Chapter 11 of the United States Bankruptcy code. The extensive plan provided for a substantive consolidation of assets and liabilities of debtors. The court took judicial notice of the entire record in the case. The court considered and disposed of all objections to confirmation of the plan. The court concluded that the plan should be confirmed, finding that plan satisfied applicable requirements. The substantive consolidation of debtors' assets and liabilities was appropriate and necessary.