IN RE CRYSTAL PALACE GAMBLING HALL, INC.

Nos. 85-1614, 85-1663.

817 F.2d 1361 (1987)

In re CRYSTAL PALACE GAMBLING HALL, INC., Debtor. CRYSTAL PALACE GAMBLING HALL, INC., Frank P. Silver, Donald Brown, Frank Meyer, Appellants and Cross-Appellees, v. MARK TWAIN INDUSTRIES, INC., Appellee and Cross-Appellant.

United States Court of Appeals, Ninth Circuit.

Decided May 20, 1987.


Attorney(s) appearing for the Case

Eric Zubel, Las Vegas, Nev., for appellants and cross-appellees.

Dawn Coda-Wagener, Los Angeles, Cal., for appellee and cross-appellant.

Before NORRIS, BEEZER and BRUNETTI, Circuit Judges.


PER CURIAM:

I

FACTS AND PROCEEDINGS BELOW

On January 16, 1980, the Crystal Palace Gambling Hall filed a Chapter 11 bankruptcy petition. On May 25, 1984, Crystal Palace and Mark Twain Industries (MTI) entered into an agreement whereby Crystal Palace would sell the casino to MTI. Pursuant to this purchase agreement, MTI deposited $450,000 into an escrow account on June 18 of that year.

Crystal Palace had filed a plan of reorganization on...

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