Jointly administered under: No. 04-00757-W11, Claim Docket Nos. 15, 136, 236, 373, 493, 507, 611, 796, 819, 822, 865, 1016, 1017, 1197, 1370, 1452, 1546, 1629, 1740, 1741, 1914, 2362, 2450, 2613, 2791, 2792, 2793, 2919, 3003, 3004, 3395, 3539, 3634, Related Docket No. 3985 (Omnibus Objection to Claim).United States Bankruptcy Court, E.D. Washington.
August 8, 2005
KEVIN O’ROURKE, WSBA #28912, SOUTHWELL O’ROURKE, P.S., Spokane, WA, Attorneys at Law.
ORDER DISALLOWING PROOFS OF CLAIM
PATRICIA WILLIAMS, Chief Judge, Bankruptcy
THIS MATTER having come on for hearing on the Omnibus Objection to Claim(s), Unsworn Declaration in Support of Objection, and Notice of Right to File Response (the “Objection”) filed by the Summit Unsecured Creditors’ Committee, by and through its counsel, Southwell O’Rourke, P.S., with respect to the Proofs of Claim filed by certain claimants against Summit Securities, Inc., the Court finding that the Objection was properly served on the Claimant(s) as required by law, and the Claimant(s) having filed no response to the Objection, the Objection being made upon the best information available
Page 2
to the Summit Unsecured Creditors’ Committee, the Summit Unsecured Creditors’ Committee reasonably believes that Claimant(s) only hold(s) preferred stock in the Summit Securities, Inc. bankruptcy case, the Court further finding that the Objection has established a prima facie basis for disallowance of the Claim, and the Court being fully advised in the premises;
NOW, THEREFORE, IT IS HEREBY ORDERED, ADJUDGED, AND DECREED
that the preferred stock claims of Claimants are disallowed in their entirety, as follows: