MATTER OF BEVERLY HILLS BANCORP

No. 79-3674.

649 F.2d 1329 (1981)

In the Matter of BEVERLY HILLS BANCORP, a California Corporation, Debtor. COMMERCIAL PAPER HOLDERS, Appellants, v. R. W. HINE, Trustee of Beverly Hills Bancorp, Appellee.

United States Court of Appeals, Ninth Circuit.

Decided July 6, 1981.

Rehearing Denied August 27, 1981.


Attorney(s) appearing for the Case

Glenn R. Watson, Richards, Watson, Dreyfuss & Gershon, Los Angeles, Cal., for appellants.

Samuel Rees, Hahn, Cazier & Leff, Los Angeles, Cal., for appellee.

Before KENNEDY and NELSON, Circuit Judges, and RICHEY, District Judge.


NELSON, Circuit Judge:

This is an appeal from an order of the district court affirming the bankruptcy court's order determining the amount of appellants' claim against the bankruptcy estate of Beverly Hills Bancorp ("Bancorp"). Appellants (hereafter "commercial paper holders" or "CPH") are a certified class of approximately 225 holders of Bancorp's commercial paper.

Bancorp owned essentially all of the issued and...

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