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IN RE GLOBE INV. AND LOAN CO., INC.

No. 85-2353.

867 F.2d 556 (1989)

In re GLOBE INVESTMENT AND LOAN COMPANY, INC., Debtor. Giovanni B. MAGNONI, et al., Plaintiffs-Appellants, v. GLOBE INVESTMENT AND LOAN COMPANY, INC., et al., Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided February 8, 1989.

Attorney(s) appearing for the Case

Robert T. Mees, Mees & Lester, Sacramento, Cal., for the plaintiffs-appellants.

Reidun Stromsheim, Stokes, Welch & Stromsheim, San Francisco, Cal., James L. Stoelker, William Priest, Jr., Jeffrey Wong, The Priest Law Offices, San Jose, Cal., for the defendants-appellees.

Before FARRIS, POOLE and FERGUSON, Circuit Judges.

POOLE, Circuit Judge:

Giovanni Magnoni and fourteen other appellants brought an action to set aside a trustee's sale of a bankrupt's real estate. The appellants claimed that the sale violated the automatic stay provision of 11 U.S.C. § 362. They also alleged that the trustee in bankruptcy violated 11 U.S.C. § 363(b) by failing to notify them of the pending sale of the debtor's interest in the real estate. The bankruptcy court entered judgment for the appellees...

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