Page 484 - COG Publications

Basic HTML Version

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
402
interest shall be payable on biweekly installments, ac=ruing
from January 4, 1979, and payable until the close of escrow."
And I believe it is continuing to February 27.
If the receiver could have a few days just to examine that.
Ti:IE COURT: Judge, how much time
MR. CLEMENS: May it please the court, I am Michael
Cle..uens, the attorney for the receiver.
I believe it \X:>Uld it be quite unreasonable, Your
Honor, for you to put an onus on Judge Weisman, the receiver
in this matter,to allow him three days to -- Oh, I assume
that what Your Bonar and what Mr. Chodos is trying to get at
is whether or not this is a fair sale, and I don't believe
it is possible to determine that, Your Honor.
THE COURT: I don•t know why not. 1\.11 you have to do is
read the instructions.
What is so difficult about that, counsel?
MR. CLEMENS, Except --
THE COURT1 You can read them in three days.
MR. CLEHENS: We can read them in three days, Y our Honor
t
but none of the people whose do�..unents are in there have been
21
retained by Judge Weisman for the spP-cific purpose of making
22
an appraisal of the property.
23
24
25
26
27
28
THE COURT: I don't think it has to be appraised again.
This is an appraisal that was filed from a very reputable
appraisal concern, and I am not even suggesting that you go
to the expense of another appraisal.