In re Ocean Downs Racing Ass'n

MEMORANDUM OPINION SUSTAINING TRUSTEE’S OBJECTION TO CLAIM OF PRINCE GEORGE’S COUNTY FOR PAYMENT OF TAX PENALTIES

JAMES F. SCHNEIDER, Bankruptcy Judge.

The question presented by the Chapter 11 trustee’s objection to the claim of a county for a prepetition tax penalty is whether the tax penalty assessed against the corporate debtor was discharged pursuant to a provision in the confirmed Chapter 11 plan of reorganization which provided for the discharge of all penalties. For the reasons stated, the Court holds that the tax penalty was discharged and the trustee’s objection will therefore be…