Legal Opinion
Alliance Capital Management L.P. v. County of Orange (In Re County of Orange)
United States Bankruptcy Court, C.D. California
Decided March 8, 1995No. Bankruptcy SA 94-22272 JR, SA 94r-22273 JRPublishedCited by 13 opinions
1Opinion of the Court
MEMORANDUM OPINION
JOHN E. RYAN, Bankruptcy Judge.
On June 7, 1994, the County of Orange (the “County”) issued bonds aggregating $169,000,000 pursuant to the “temporary borrowing” provisions of California Government Code §§ 53850-53858. Pursuant to § 58856, the County pledged certain future tax and other general revenues to pay the principal and interest on the notes.
Alliance Capital Management L.P. and Putnam Investment Management (the “Mov-ants”), representing holders of notes totalling about $50 million, brought this motion for relief from stay (the “Motion”) to have the stay terminated to…
2Cases cited12 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- Local Loan Co. v. HuntSupreme Court of the United States · 1934
- United States v. BekinsSupreme Court of the United States · 1938
- In the Matter of Amex-Protein Development Corporation, Bankrupt. M. Nolden, Trustee of Estate of Bankrupt v. Plant ReclamationCourt of Appeals for the Ninth Circuit · 1974
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3Cited by13 opinions
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- McCrary v. Barrack (In Re Barrack)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1998
- In Re WamplerUnited States Bankruptcy Court, D. Kansas · 2006
- Fin. Oversight & Mgmt. Bd. for P.R. v. Ad Hoc Grp. of PREPA Bondholders (In Re Fin. Oversight & Mgmt. Bd. for P.R.)Court of Appeals for the First Circuit · 2018
- McCrary v. Barrack (In Re Barrack)United States Bankruptcy Court, S.D. California · 1996
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