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IN RE FIRST ALLIANCE CORP.

Bankruptcy No. 88-08357-LM11.

126 B.R. 589 (1991)

In re FIRST ALLIANCE CORPORATION, Debtor.

United States Bankruptcy Court, S.D. California.

April 25, 1991.

Attorney(s) appearing for the Case

Dennis J. Wickham, Seltzer Caplan Wilkins & McMahon, San Diego, Cal., for Rancho Bernardo Ltd. Partnership.

Robert D. Middendorf, Sullivan, Delafield, McDonald, Allen & Middendorf, San Diego, Cal., for debtor.

MEMORANDUM DECISION

LOUISE DeCARL MALUGEN, Bankruptcy Judge.

This matter comes before the court on debtor First Alliance Corporation's ("FAC") objection to Rancho Bernardo Limited Partnership's ("RBLP") claim of damages for termination of a lease. At issue is whether "free rent" provided to FAC under a lease modification letter must be taken into account when calculating the maximum allowable damages pursuant to...

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