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  5. 881 F.2d 788 (1989)
 

TOWNSEND v. HOLMAN CONSULTING CORP.

Nos. 87-5825, 87-6154.

881 F.2d 788 (1989)

Patrick TOWNSEND, Karen Townsend, Plaintiffs-Appellants, v. HOLMAN CONSULTING CORPORATION, Defendant, and Towers, Perrin, Forster & Crosby; Trust Services of America, Inc.; American Insurance Administrators; International Union of Operating Engineers, Local 12, AFL-CIO, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided August 7, 1989.

Attorney(s) appearing for the Case

Fred L. Wright, Torrance, Cal., for plaintiffs-appellants.

Robert G. Wilson, Wilson & Reitman, Los Angeles, Cal., for the Towers defendants-appellees.

Della Bahan, Reich, Adell & Crost, Los Angeles, Cal., for the IUOE # 12 defendants-appellees.

Before PREGERSON, REINHARDT and NOONAN, Circuit Judges.

REINHARDT, Circuit Judge:

With this case, we return to a subject which has occupied much of this court's time in the last several years: the appropriateness of monetary sanctions leveled by a district judge against an attorney under Fed.R.Civ.P. 11. The rule states in relevant part:

The signature of an attorney or party constitutes a certificate by the signer that the signer has read the pleading, motion, or other paper; that to the best of the signer's knowledge...

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