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§ 505(a)

In re Litestream Techs. LLC

Ruling
Court determined that the valuation of the county's tax assessment was not in error.
Procedural posture

The liquidating trustee for the estate and the purchaser of certain assets of the debtor challenged a county's claim for tangible personal property taxes. The instant case was a contested matter under 11 U.S.C. § 505(a) to determine the amount of the county's tax claim. The objecting parties argued that the underlying assessment exceeded "just valuation."

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opinion summary, case decided on February 17, 2006 , LexisNexis #0306-083