ORANGE COUNTY

Settlement Plan Reviewed: An overflow crowd of lawyers for creditors, investors and others in the ill-fated Orange County bond pool is expected at a Tuesday court hearing to argue the merits of a controversial settlement plan for the pool’s bankruptcy. The proposed settlement includes a combination of cash and notes that, the county maintains, will eventually make pool investors whole. But half a dozen parties, including some county creditors and employees, have filed objections to the plan, which had been hammered out by the Orange County Business Council. The proposal deals only with the bankruptcy petition filed for the bond pool, not for Orange County. The hearing begins at 9:30 a.m. before U.S. Bankruptcy Judge John E. Ryan in Santa Ana.