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In re Tiburon View Apts. LP

In re Tiburon View Apts. LP

Ruling
Equity holder not entitled to administrative expense claim for actions that resulted in sale of property, appointment of trustee and settlement with property manager.
Procedural posture

Equity holders (applicants) in two chapter 11 debtors filed amended applications for payment of administrative fees and expenses under 11 U.S.C.S. § 503(b)(3) or in the alternative, under Nebraska's common fund doctrine.

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Commercial opinion summary, case decided on October 22, 2012 , LexisNexis #1112-044