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In re Mendocino Coast Rec. & Park Dist.

In re Mendocino Coast Rec. & Park Dist.

Ruling
Parks district's negotiations with creditor met requirements for chapter 9 eligibility.
Procedural posture

Debtor Mendocino Coast Recreational and Park District filed a chapter 9 bankruptcy petition. Its principal creditor objected to entry of an order for relief, arguing that the District did not meet the eligibility requirements for a chapter 9 debtor.

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Commercial opinion summary, case decided on April 24, 2012 , LexisNexis #0512-110