IN RE FIRST ALLIANCE MORTG. CO.

Nos. SA CV 01-541 DOC, SA CV 01-542 DOC, SA CV 01-562 DOC. Bankruptcy Nos. SA 00-12370 LR, SA 00-12371 LR, SA 00-12372 LR, SA 00-12373 LR. Adversary Nos. SA 00-1343 LR, SA 00-1456 LR.

269 B.R. 428 (2001)

In re FIRST ALLIANCE MORTGAGE COMPANY, a California corporation; First Alliance Corporation, a Delaware corporation; First Alliance Mortgage Company, a Minnesota corporation, and First Alliance Portfolio Services, a Nevada Corporation Debtors. AARP f/k/a American Association of Retired Persons, Velda Durney, Lucrecia Wilder, Mary Ryan, Ida Mae Forrest, Carol Henry Hong, Jacqueline Bowser, Ireene Huston, Frank G. Aiello, Nicolena Aiello, Paul Carabetta, Lenore Carabetta, Vito Cicci, Stella Cicci, Veronica Maines, Thaddeus Zychlinski, and Marissa Zychlinski, Consolidated Appellants, v. First Alliance Mortgage Company et al., Appellees.

United States District Court, C.D. California.

September 24, 2001.


Attorney(s) appearing for the Case

Larry W. Gabriel, Mona S. Amer, Pachulski Stang Ziehl Young & Jones, Los Angeles, CA, David Gould, Robert Espensen Kohn, Francisca Minghao Mok, McDermott Will & Emery, Los Angeles, CA, Sheila Canavan, Phillip M. Steinbock, Steinbock & Hofmann, San Jose, CA, for American Association of Retired Persons.

Larry W. Gabriel, Mona S. Amer, Pachulski Stang Ziehl Young & Jones, Los Angeles, CA, Sheila Canavan, Phillip M. Steinbock, Steinbock & Hofmann, San Jose, CA, for Velda Durney.

Sheila Canavan, Phillip M. Steinbock, Steinbock & Hofmann, San Jose, CA, for Mary Ryan, Lucrecia Wilder, Carol Hong, Henry Hong, Ida Mae Forrest.

Evan C. Borges, William N. Lobel, Jeffrey M. Reisner, Irell & Manella, Newport Beach, CA, for First Alliance Mortgage Company, a California Corporation, First Alliance Corporation, a Delaware Corporation, First Alliance Mortgage Company, a Minnesota Corporation, and First Alliance Portfolio Services, a Nevada Corporation.


ORDER

CARTER, District Judge.

Appellants Velda Durney, Lucrecia Wilder, Mary Ryan, Ida Mae Forrest, Carol Hong, and Henry Hong (the California Six)1 and AARP appeal from the order of the Bankruptcy Court sustaining the objection by related debtors First Alliance Mortgage Company2, First Alliance Corporation, and First Alliance Portfolio Services (collectively First Alliance)

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