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IN RE SHOOTING STAR ENTERPRISES, INC.

BAP No. CC 87-1235 MoVJ, Bankruptcy No. SA 84-03969 PE.

76 B.R. 154 (1987)

In re SHOOTING STAR ENTERPRISES, INC. Debtor. John P. STODD, Appellant, v. Forrest S. REYNARD, Appellee.

United States Bankruptcy Appellate Panels of the Ninth Circuit.

Decided July 24, 1987.

Attorney(s) appearing for the Case

John E. Barnett, Stodd & Barnett, Santa Ana, Cal., for appellant.

Jeffrey D. Cawdrey, Procopio, Cory, Hargreaves & Savitch, San Diego, Cal., for appellee.

Before MOOREMAN, VOLINN and JONES, Bankruptcy Judges.

OPINION

MOOREMAN, Bankruptcy Judge:

This appeal arises out of the trial court's order directing the trustee to render an accounting and to turnover funds received in the court approved sale of the trustee's "right, title and interest" in the estate. The issue presented by the briefs is whether funds received by the trustee in the sale of his right, title and interest in encumbered assets of the estate constitute "proceeds" within the definition of the California...

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