IN RE COUNTY OF ORANGE

Bankruptcy No. SA 96-22272 JR.

203 B.R. 977 (1996)

In re COUNTY OF ORANGE, a political subdivision of the State of California.

United States Bankruptcy Court, C.D. California.

November 27, 1996.


Attorney(s) appearing for the Case

Bruce Bennett and Michael Swartz of Hennigan, Mercer & Bennett, Los Angeles, CA, for County of Orange.

Geoffrey L. Thomas and Donald L. Morrow of Paul, Hastings, Janofsky & Walker, Los Angeles, CA, for The McGraw-Hill Companies, Inc., d/b/a Standard & Poor's Ratings Services.


MEMORANDUM OPINION

JOHN E. RYAN, Bankruptcy Judge.

McGraw-Hill Companies ("McGraw") brought this motion (the "Motion") to withdraw the proof of claim (the "Claim") which it had filed in this bankruptcy case. McGraw's stated purpose in bringing the Motion is to deny this court jurisdiction to adjudicate the counterclaims asserted by the County of Orange (the "County") in its complaint. Additionally, by the withdrawal of the Claim, McGraw seeks to unwind any...

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