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IN RE RICHMOND UNIFIED SCHOOL DIST.

No. 91-42434 J.

133 B.R. 221 (1991)

In re RICHMOND UNIFIED SCHOOL DISTRICT, Debtor.

United States Bankruptcy Court, N.D. California.

November 5, 1991.

Attorney(s) appearing for the Case

Norman LaForce, Berkeley, Cal., for Citizens' Committee for the Richmond Schools.

Robert L. Hughes, Michael H. Lewis, Lempres & Wulfsberg, Oakland, Cal., for Richmond Unified School Dist.

Andrea T. Porter, Nicholas Ward, Murphy, Weir & Butler, San Francisco, Cal., for United Teachers of Richmond CTA/NEA and Public Employees' Union Local No. 1.

Ronald Ryland, Sheppard, Mullin, Richter & Hampton, San Francisco, Cal., for Security Pacific Nat. Bank.

Robert J. Bezemek, Oakland, Cal., for Richmond Federation of Teachers.

Paul S. Hoffman, Manatt, Phelps & Phillips, Los Angeles, Cal., for Laidlaw Transit, Inc.

Michael Buckley, Crosby, Heafy, Roach & May, Oakland, Cal., for Blue Cross of California.

Linda Stanley, Nossman, Gunther, Knox & Elliott, San Francisco, Cal., for Deborah Pearce.

DECISION

EDWARD D. JELLEN, Bankruptcy Judge.

The issue before the court is whether the Richmond Unified School District (the "District") is entitled to an order granting its motion to dismiss its pending Chapter 9 case. The court holds in the affirmative.

I. BACKGROUND

On April 19, 1991, the District filed a petition under Chapter 9 of the Bankruptcy Code. The District's largest creditor was the State of California (the "State"), which...

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