IN RE KINGS INN, LTD.

BAP No. NV-82-1240 VASE, Bankruptcy Nos. 81-00518 to 81-00521 and 82-00323, Adv. Nos. 81-138 through 81-141.

37 B.R. 239 (1984)

In re KINGS INN, LTD., a limited partnership, Debtor. In re C.F.S., INC., a Nevada corporation, Debtor. In re B.C.I. OF NEVADA, INC., a Nevada corporation, Debtor. In re C.M.F.C. OF NEVADA, INC., a Nevada corporation, Debtor. In re KINGS INN CASINO, LTD., Debtor. Gaylord E. PRICHARD, Appellant, v. SHERWOOD & ROBERTS, INC., a Washington corporation, et al., Appellees.

United States Bankruptcy Appellate Panels of the Ninth Circuit.

March 7, 1984.


Attorney(s) appearing for the Case

Stephen R. Harris, Stephen R. Harris, Ltd., Reno, Nev., for appellant.

Larry D. Lessly, Henderson, Nelson & Moschetti, Reno, Nev., Michael D. Koomer, Pacht, Ross, Warne, Bernard & Sears, Inc., Los Angeles, Cal., J. Douglas Clark, Reno, Nev., for appellee.

Before VOLINN, ASHLAND and ELLIOTT, Bankruptcy Judges.


OPINION

VOLINN, Bankruptcy Judge.

I. FACTS

A. Background of Kings Inn

This appeal and the underlying bankruptcy cases have evolved out of an attempt by various individuals and entities to construct and operate a casino, hotel and restaurant, known as the King's Inn in Reno, Nevada. Kings Inn, Ltd., a limited partnership consisting of Matthew E. Chotas, Joseph Fischer and Otis K. Scoggin, as limited partners, and C.F.S., Inc., as general...

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