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f <br /> October 1, 1993 <br /> Page 4 <br /> In general, the Plan rests on the consent of a number <br /> of creditors, and does not heavily rely on "cramdowns. " This is <br /> consistent with my view that Chapter 11 plans work best as the <br /> culmination of a negotiating process. If any of you have any <br /> comments about the amended Plan, I would like to discuss these <br /> with you. <br /> I am providing copies of the red-lined Plan and this <br /> letter to the U.S. Trustee and Judge Clark's law clerk, to make <br /> it easier for those persons to review the Plan. The Debtor is <br /> under a deadline to make revisions to its Disclosure Statement by <br /> today in connection with various points raised by the U.S. <br /> Trustee. While most of the revisions are done, the extensive <br /> changes to the Plan over the past several days are not yet <br /> reflected in the Disclosure Statement. I plan to do this over <br /> the weekend and file the Disclosure Statement on Monday. I will <br /> provide you with red-lined and clean copies of that document at <br /> that time. <br /> Very truly yours <br /> J ?sBN. Holden <br /> Enclosures <br /> cc: Bob Delaney (w. encl. ) <br /> Bill Van Horn (w. encl. ) <br /> Kelly Ferderer (w. encl. ) <br />