IN RE PARK BEYOND THE PARK

BAP No. CC-92-1026-JPV, Bankruptcy No. LA 90-17187-SB, Adv. No. LA 90-02345-SB.

157 B.R. 887 (1993)

In re The PARK BEYOND THE PARK, a California Limited Partnership, Debtor. Jerry CONROW, an individual and partner in Park Beyond the Park, a California Limited Partnership, Appellant, v. CITY OF TORRANCE, a Municipal Corporation, and Does 1-100, inclusive, Appellees.

United States Bankruptcy Appellate Panel for the Ninth Circuit.

Memorandum Filed June 29, 1993.

Opinion Decided September 14, 1993.


Attorney(s) appearing for the Case

Richard L. Knickerbocker, Woodland Hills, CA, for The Park Beyond the Park.

Michael R. Leslie, Los Angeles, CA, for City of Torrance.

Before: JONES, PERRIS, and VOLINN, Bankruptcy Judges.


OPINION

JONES, Bankruptcy Judge:

SUMMARY

A land developer received a conditional use permit from a municipality to build an office complex in a mostly industrial area, and built an office shell with underground parking — one parking space for every 275 square feet of floor space. Several years later (the property having remained vacant in the interim) the developer began negotiations with the county to lease the office shell for courtroom...

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