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IN RE ARCE RIVERSIDE, LLC

Bankruptcy Case No. 13-32456DM (Jointly Administered with Case No. 13-32457).

538 B.R. 563 (2015)

IN RE ARCE RIVERSIDE, LLC, Debtor. In re Kera Riverside, LLC, Debtor.

United States Bankruptcy Court, N.D. California.

Signed September 28, 2015.

Attorney(s) appearing for the Case

Elizabeth Berke-Dreyfuss, Wendel, Rosen, Black and Dean, Oakland, CA, for Debtor.

MEMORANDUM DECISION ON OBJECTION TO SECOND AMENDED CLAIM

I. INTRODUCTION

On September 1st and 2nd, 2015, the court conducted a trial on the Debtors' Objection to the Second Amended Claim of Penn Equities, LLC, ("Penn"), and on September 3rd the court heard closing argument from counsel for...

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