In Re County of Orange
United States Bankruptcy Court, C.D. California
1Opinion of the Court
MEMORANDUM OPINION
JOHN E. RYAN,'Bankruptcy Judge.
I. INTRODUCTION
On June 12, 1996, the County of Orange (“County”) filed its original objection to the claim held by Appaloosa Investment Limited Partnership I, Chestnut Investment, Palomino Fund Ltd,, Pinto Investors Ltd. (collectively, “Appaloosa”) and Belmont Capital Partners II, L.P. (collectively with 'Appaloosa, the “Noteholders”). The Noteholders hold a secured claim of $64 million (the “Claim”) in 1994-95 taxable notes (the “Notes”) issued by County.
On September 9, 1996, the Noteholders filed the original motion for summary judgment…
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- Rojo v. KligerCalifornia Supreme Court · 1990
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