The stability of a two-phase interface is a crucial occurrence that involves the design of many engineering applications. It correlates the spatial and droplet size-distributions of many fluid spraying applications and has a great effect on the estimations of the critical heat flux of systems that involves phase change or evaporation. However, the existing hydrodynamic models are only able to predict the stability of a plane fluid sheet, surrounded by an infinite pool of liquid. The case of a thin sheet of liquid surrounding a vapor sheet and enclosed between two walls has not been studied yet. The present paper solves this problem using a linearized stability analysis. Velocity potentials satisfying these conditions are introduced and a complete analysis is presented.