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SECURITIES AND EXCHANGE COM'N v. LINCOLN THRIFT ASS'N

No. 76-1886.

557 F.2d 1274 (1977)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. LINCOLN THRIFT ASSOC. et al., Defendants. CONTINENTAL SERVICE CORP., Receiver-Appellee, v. Charles SCHONFELD and Helga Schonfeld, Respondent-Appellants.

United States Court of Appeals, Ninth Circuit.

June 8, 1977.

Attorney(s) appearing for the Case

Howard B. Crittenden, Jr., San Francisco, Cal., argued for appellants.

Henry R. Paytas, Filler, Paytas, Shannon & Fleming, P. C. Scottsdale, Ariz., argued for appellee.

Before BROWNING and WALLACE, Circuit Judges, and SOLOMON, District Judge.

WALLACE, Circuit Judge:

The appellants, Charles and Helga Schonfeld, petitioned the district court to resolve certain disputes involving a lease with Lincoln Leasing Corporation (LLC), whose property at that time was in the possession of Continental Service Corporation (the Receiver), a receiver appointed by the district court. In the alternative, the Schonfelds sought leave to sue the Receiver in an independent action....

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