IN RE GOLDEN PLAN OF CALIFORNIA, INC.

Nos. 85-2669, 85-2670 and 85-2671.

829 F.2d 705 (1986)

In re GOLDEN PLAN OF CALIFORNIA, INC.; State Loan Servicing, Inc.; Financial Securities Agency, Inc.; Mid-Central California, Inc., Debtors. Jesse BEAR, et al., Plaintiffs-Appellants, v. Melvyn J. COBEN, Trustee of Golden Plan of California, Inc., Defendant-Appellee. Al FOX, et al., Plaintiffs-Appellants, v. Melvyn J. COBEN, Trustee of Golden Plan of California, Inc., defendant-Appellee. Robert ACKERMAN, et al., Plaintiffs-Appellants, v. Melvyn J. COBEN, Trustee of Golden Plan of California, Inc., Defendant-Appellee.

United States Court of Appeals, Ninth Circuit.

Decided November 14, 1986.

Amended December 17, 1986.

Second Amendment March 13, 1987.


Attorney(s) appearing for the Case

Sheppard, Mullin, Richter & Hampton, Richard W. Brunette, Jr., Los Angeles, Cal., for plaintiffs-appellants.

Eichler Law Corp., Melvyn Coben, Trustee, Sacramento, Cal., and Gendel, Raskoff, Shapiro & Quittner, Herbert Katz, Los Angeles, Cal., for defendant-appellee.

Before CHOY, Senior Circuit Judge, HUG and WIGGINS, Circuit Judges.


SECOND AMENDED OPINION

CHOY, Senior Circuit Judge:

This consolidated appeal concerns the claims of certain investors in Golden Plan of California, Inc. ("Golden Plan"), a now bankrupt loan brokerage company. The Bear investors challenge, inter alia, the district court's determination of their rights to a promissory note and trust deed assigned to them by Golden Plan. The Fox investors challenge the imposition upon them of costs and expenses under Bankruptcy...

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