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IN RE KLAUSE

Bankruptcy No. LA 93-32877-GM. Adv. No. LA 93-02891-GM.

181 B.R. 487 (1995)

In re George Frederick KLAUSE, Debtor. George F. KLAUSE, Plaintiff, v. Donald R. THOMPSON and Patricia A. Thompson, Defendants. Donald R. THOMPSON and Patricia A. Thompson, Counterclaimants, v. George F. KLAUSE, Counterdefendant.

United States Bankruptcy Court, C.D. California.

April 24, 1995.

Attorney(s) appearing for the Case

Alan Friedman and Nicholas Miller, Tuttle & Taylor, Los Angeles, CA, for defendants and counterclaimants Donald R. and Patricia A. Thompson.

Joseph Eisenberg, Levene & Eisenberg, Jeffrey Lee Costell, Stephen Joelson, Costell & Joelson, Los Angeles, CA, for debtor George F. Klause.

MEMORANDUM OF OPINION AS TO PUNITIVE DAMAGES AND ATTORNEYS' FEES

GERALDINE MUND, Bankruptcy Judge.

In June 1989 George Frederick Klause purchased the Palm Crest, a sixty-two unit apartment building in Riverside, for $3,472,000. At the time of sale, the Palm Crest had a contract with nearby University of California at Riverside to use the apartments (all furnished) as a freshman dormitory. After the purchase, however...

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