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UNITED STATES BANKRUPTCY COURT … Dated: July 26, 2010 New York, New York /s/ Allan L. Gropper. THE...

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UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ---------------------------------------------------------------x : In re : Chapter 11 Case No. : GENERAL GROWTH : 09-11977 (ALG) PROPERTIES, INC., et al. , : : (Jointly Administered) Debtors. : ---------------------------------------------------------------x ORDER GRANTING DEBTORS’ TWENTY-SECOND OMNIBUS OBJECTION TO CLAIMS FOR WHICH NO BASIS EXISTS IN DEBTORS’ BOOKS AND CLAIMS FILED AGAINST THE WRONG DEBTOR Upon consideration of the omnibus objection to proofs of claim, dated June 21, 2010 (the “Twenty-Second Omnibus Objection ”), 1 of General Growth Properties, Inc. (“GGP ”) and its debtors affiliates in the above-referenced chapter 11 cases, as debtors and debtors in possession (collectively, the “Debtors ”), pursuant to section 502 of the Bankruptcy Code and Rule 3007 of the Bankruptcy Rules, requesting that the Court disallow and expunge certain claims for which no basis exists in Debtors’ books and records and to reclassify certain claims filed against the wrong Debtor; and the Court having jurisdiction to consider the Twenty-Second Omnibus Objection and the relief requested therein pursuant to 28 U.S.C. §§ 157 and 1334; and consideration of the Twenty-Second Omnibus Objection and the relief requested therein being a core proceeding pursuant to 28 U.S.C. § 157(b); and venue being proper before this Court pursuant to 28 U.S.C. §§ 1408 and 1409; and the Court having reviewed the Twenty- 1 Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Twenty-Second Omnibus Objection.
Transcript

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK

---------------------------------------------------------------x : In re : Chapter 11 Case No. : GENERAL GROWTH : 09-11977 (ALG) PROPERTIES, INC., et al., : : (Jointly Administered) Debtors. : ---------------------------------------------------------------x

ORDER GRANTING DEBTORS’ TWENTY-SECOND OMNIBUS OBJECTION TO CLAIMS FOR WHICH NO BASIS EXISTS IN DEBTORS’

BOOKS AND CLAIMS FILED AGAINST THE WRONG DEBTOR

Upon consideration of the omnibus objection to proofs of claim, dated

June 21, 2010 (the “Twenty-Second Omnibus Objection”),1 of General Growth

Properties, Inc. (“GGP”) and its debtors affiliates in the above-referenced chapter 11

cases, as debtors and debtors in possession (collectively, the “Debtors”), pursuant to

section 502 of the Bankruptcy Code and Rule 3007 of the Bankruptcy Rules, requesting

that the Court disallow and expunge certain claims for which no basis exists in Debtors’

books and records and to reclassify certain claims filed against the wrong Debtor; and the

Court having jurisdiction to consider the Twenty-Second Omnibus Objection and the

relief requested therein pursuant to 28 U.S.C. §§ 157 and 1334; and consideration of the

Twenty-Second Omnibus Objection and the relief requested therein being a core

proceeding pursuant to 28 U.S.C. § 157(b); and venue being proper before this Court

pursuant to 28 U.S.C. §§ 1408 and 1409; and the Court having reviewed the Twenty-

1 Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Twenty-Second Omnibus Objection.

¨0¤{3m*'; --«
0911977100727000000000013
Docket #5578 Date Filed: 7/27/2010

2

Second Omnibus Objection and held a hearing to consider the relief requested herein (the

“Hearing”) with the appearances of all interested parties noted in the record of the

Hearing; the Court hereby finds and determines that, pursuant to Rule 3007 of the Federal

Rules of Bankruptcy Procedure, due and proper notice has been provided to each holder

of a claim listed on the attached exhibits and all other parties entitled to notice; and no

other or further notice is necessary; and the relief requested in the Objection is in the best

interests of the Debtors, their estates, and creditors; and the legal and factual bases set

forth in the Objection establish just cause for the relief granted herein; and therefore it is

ORDERED that each claim for which no basis exists in Debtors’ books

and records listed in Exhibit “1” attached hereto is hereby disallowed and expunged in its

entirety; and it is further

ORDERED that each claim filed against the wrong Debtor listed in

Exhibit “1” attached hereto is hereby reclassified as if it had been asserted initially

against the correct Debtor; and it is further

ORDERED that the Debtors’ objection to each claim listed in Exhibit “2”

attached hereto is hereby continued to August 19, 2010; and it is further

ORDERED that the Debtors’ objection to each claim listed in Exhibit “3”

attached hereto has been withdrawn or otherwise resolved; and it is further

ORDERED that Debtors’ claims agent is authorized and directed to

modify the official claims registry in compliance with the terms herein; and it is further

ORDERED that this Court shall reserve jurisdiction to interpret and

enforce this Order.

3

Dated: July 26, 2010 New York, New York

/s/ Allan L. GropperTHE HONORABLE ALLAN L. GROPPER UNITED STATES BANKRUPTCY JUDGE

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