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PARKER v. WILLIAMS CONSTRUCTION CO.

Nos. 25278, 25335.

443 F.2d 597 (1971)

Adele Walsh PARKER and Ivon J. Parker, Appellants, v. WILLIAMS CONSTRUCTION CO., a California Corporation, and A. J. Bumb, Receiver, Appellees. WILLIAMS CONSTRUCTION CO., a corporation, and A. J. Bumb, Receiver, Appellants, v. Adele Walsh PARKER and Ivon J. Parker, Appellees.

United States Court of Appeals, Ninth Circuit.

May 28, 1971.

Attorney(s) appearing for the Case

Mark G. Ancel (argued), Baker, Ancel & Redmond, Leonard A. Goldman (argued), Goldman, Goldman & Arnold, Los Angeles, Cal., for Adele Walsh Parker and Ivon J. Parker.

David M. Richman (argued), Palm Springs, Cal., for Williams Constr. Co.

Before BARNES and ELY, Circuit Judges, and SOLOMON, District Judge.

SOLOMON, District Judge:

This is a cross-appeal from an order of the Referee in Bankruptcy in a Chapter XI proceeding. Two issues are presented. The first is whether an attorney who entered a joint venture with her client to purchase a ranch had a fiduciary obligation to disclose the terms of a prior transaction in which the attorney traded the same ranch to a third party. The second is whether the Referee properly charged the attorney, who was the solvent joint venturer...

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