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MLQ INVESTORS, L.P. v. PACIFIC QUADRACASTING, INC.

No. 96-16556.

146 F.3d 746 (1998)

MLQ INVESTORS L.P., a Delaware limited partnership, Plaintiff-Appellee, and Robert O. Franklin, Creditor, v. PACIFIC QUADRACASTING, INC., a California corporation, Defendant, and Wallace A. Heusser, Defendant-Appellant.

United States Court of Appeals, Ninth Circuit.

Decided July 13, 1998.

Attorney(s) appearing for the Case

David R. Jenkins, Motschiedler, Michaelides & Wishon, Fresno, CA, for defendant-appellant.

Patricia H. Lyon, French, Lyon & Associates, San Francisco, CA, for plaintiff-appellee.

Before: SNEED, KOZINSKI, and THOMPSON, Circuit Judges.

SNEED, Circuit Judge:

Wallace A. Heusser is an owner and guarantor of several corporations that defaulted on loans from MLQ Investors' ("MLQ") predecessor in interest. In a receivership action commenced by MLQ, a court-appointed receiver sold all the assets of the corporations' radio stations. Heusser appeals the district court's orders directing the receiver to distribute to MLQ all the proceeds from the sale, including proceeds from the sale of the radio stations...

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