BANKING & FINANCE - Nov. 14, 1995

Orange County to Pay Some Contractor, Supplier Bills: The county will begin paying $10 million of the estimated $100 million owed to private businesses in Southern California when the county went into bankruptcy last December. The payments--from special county accounts that cannot be used to pay other expenses--were approved in U.S. Bankruptcy Court. Vendors will receive funds for work done at the county airport, on county highways and in the county’s waste management program. Richard Marshack, an attorney representing the vendors, said the decision “is good for everyone because it is sending a message that the county is finally getting back on track.”