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MATTER OF CADA INVESTMENTS, INC.

No. 79-3440.

664 F.2d 1158 (1981)

In the Matter of CADA INVESTMENTS, INC., a California corporation, Debtor. Frank TAYLOR, Appellant, v. John H. LAKE and John H. Lake, D.D.S., Inc. Pension Profit Sharing Trust and Bonnie Dunes Ranch, Appellees.

United States Court of Appeals, Ninth Circuit.

Decided December 28, 1981.

Attorney(s) appearing for the Case

Richard M. Moneymaker, Moneymaker & Morrison, Los Angeles, Cal., for appellant.

Douglas W. Stern, Jesse Miller, Miller & Mandel, Los Angeles, Cal., for appellees.

Before HUG and NELSON, Circuit Judges, and EAST, District Judge.

NELSON, Circuit Judge:

In the bankruptcy proceedings below, the bankruptcy judge set aside the order confirming a property sale to the first buyer, Taylor, when he learned that a second buyer, Lake, had been unable to communicate a higher offer to the Receiver charged with selling the property. From the district court order affirming this action and allowing a subsequent sale to Lake, Taylor appeals. We affirm.

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