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WESTGATE-CALIFORNIA CORP. v. FIRST NAT. FINANCE CORP.

No. 78-2392.

650 F.2d 1040 (1981)

WESTGATE-CALIFORNIA CORPORATION, et al., Debtors and Appellees, v. FIRST NATIONAL FINANCE CORPORATION, Claimant and Appellant.

United States Court of Appeals, Ninth Circuit.

Decided July 13, 1981.

Attorney(s) appearing for the Case

LeRoy A. Abelson, O'Neill & Huxtable, Los Angeles, Cal., for claimant and appellant.

Alan D. Croll, Los Angeles, Cal., argued for debtors and appellees; Jeffrey L. Levine, Los Angeles, Cal., on brief.

Before BROWNING, Chief Judge, POOLE, Circuit Judge, SOLOMON, District Judge.

POOLE, Circuit Judge.

First National Finance Corporation (FNF) appeals the judgment of the United States District Court for the Southern District of California granting the motion for summary judgment brought by the trustees in bankruptcy for Westgate-California Corporation. The order disallowed FNF's claims numbered 73 and 203, and subordinated all of FNF's related claims against and equity interests in the debtor.

FNF is entirely owned by J. A. Smith. Smith...

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