Court of Appeals for the Fifth Circuit February 17, 1989, No. 87-1903 (Federal Savings & Loan Ins. v. D & F Construction, Inc. (In re D & F Construction Inc.))

CLARK, Chief Judge:

This is a Chapter 11 bankruptcy case. D & F Construction, Inc., (“the debtor”), proposed a Chapter 11 plan of reorganization to which only Mercury Savings Association of Texas and Ben Milam Savings and Loan Association (“Mercury/Milam”) objected. *674The bankruptcy court confirmed the debt- or’s plan over Mercury/Milam’s objection under the “cram-down” provisions of 11 U.S.C.