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IN RE CONSOLIDATED PIONEER MORTG. ENTITIES

BAP No. SC-99-1158-MaPRy. Bankruptcy No. 91-00214-M11.

248 B.R. 368 (2000)

In re CONSOLIDATED PIONEER MORTGAGE ENTITIES, Debtor. Pioneer Liquidating Corporation, Appellant, v. United States Trustee, Appellee.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided April 11, 2000.

Attorney(s) appearing for the Case

Howard J. Barnhorst, II, Barnhorst, Schreiner & Goonan, San Diego, CA, for Pioneer Liquidating Corporation.

Mary M. Testerman, San Diego, CA, for United States Trustee.

Before MARLAR, PERRIS and RYAN, Bankruptcy Judges.

OPINION

MARLAR, Bankruptcy Judge.

OVERVIEW

Appellant Pioneer Liquidating Corporation ("PLC") was formed in 1992 to implement the confirmed Joint Plan in the consolidated debtors' bankruptcy case. In 1998, the bankruptcy court granted the United States Trustee's motion to convert the case to chapter 7,1 a motion that was prompted, in part, by the investor claimants...

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