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  5. 68 B.R. 642 (1986)
 

IN RE GRANTHAM BROS.

Bankruptcy Nos. B-83-2882 PHX RGM, B-85-1798 PCT RGM and B-85-1797 PCT RGM, Adv. No. 86-281.

68 B.R. 642 (1986)

In re GRANTHAM BROTHERS, a partnership, Debtor. In re J. Sherrick GRANTHAM and Darlene Grantham, Debtors. In re Tanner A. GRANTHAM, Debtor. GRANTHAM BROTHERS, J. Sherrick Grantham, Darlene J. Grantham and Tanner A. Grantham, Plaintiffs, v. VALLEY NATIONAL BANK, John R. Anderson, trustee, Grantham Brothers Estate, Edward Quinif, Robert Riter, and Harold Christopherson, Defendants.

United States Bankruptcy Court, D. Arizona.

December 18, 1986.

Attorney(s) appearing for the Case

William L. Needler, Chicago, Ill., for debtors.

Dawn Stoll-Zeitlin, Gust, Rosenfeld, Divelbess & Henderson, Phoenix, Ariz., for Valley Nat. Bank.

Redfield T. Baum, O'Connor, Cavanagh, Anderson, Westover, Killingsworth & Beshears, Phoenix, Ariz., for Trustee.

John Anderson, Phoenix, Ariz., Trustee.

Phil B. Hammond, Evans, Hammond & Milliken, Phoenix, Ariz., for Quinif.

ORDER GRANTING RULE 11 SANCTIONS AGAINST ATTORNEY WILLIAM NEEDLER

ROBERT G. MOOREMAN, Chief Judge.

Having had the issue of sanctions under advisement since September 9, 1986 and having fully reviewed the record in this matter and the pleadings and arguments of counsel regarding the imposition of sanctions, this Court finds and concludes as follows:

FACTS

On March 2, 1986, this Court approved the sale by the trustee of the OSO ranch, which...

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