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In re McCurtain Mun. Auth.

In re McCurtain Mun. Auth.

Ruling
Public trust that was insolvent and failed in good faith attempt to settle disputes was eligible for relief under chapter 9.
Procedural posture

Debtor, a public trust created under Oklahoma law, filed a petition for relief under chapter 9. A creditor filed a motion to dismiss the debtor's petition, claiming that the debtor was not entitled to relief because it failed to comply with 11 U.S.C. §§ 109(c) and 921(c).

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Commercial opinion summary, case decided on December 04, 2007 , LexisNexis #0108-036