In Re Villages at Castle Rock Metropolitan District No. 4

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “Determining whether a [chapter 11] petition has been filed in good faith requires an evaluation of a debtor’s ‘financial condition, motives, and the local financial realities.’ These comments would appear to be equally applicable, at least in part, to a Chapter 9 petition.”
• “Continued development ... suggests that the tax base may be enhanced and that further development fees may be realized, which might well permit the repayment of the bondholders pursuant to a feasible debt adjustment plan.”

Source: CourtListener parenthetical corpus (CC0).