Nos. SA CV 00-1231 DOC, SA CV 00-1232 DOC, SA CV 00-1233 DOC, SA CV 01-57 DOC. Bankruptcy Nos. SA 00-12370 LR to SA 00-12373 LR. Adversary No. SA 00-1659 LR.
In re FIRST ALLIANCE MORTGAGE COMPANY, a California corporation; First Alliance Corporation, a Delaware corporation; and First Alliance Mortgage Company, a Minnesota corporation, Debtors.
Federal Trade Commission; Bob Butterworth, Attorney General of the State of Florida, on behalf of the State of Florida; James E. Ryan, Attorney General of the State of Illinois, on behalf of the State of Illinois; and Tom Reilly, Attorney General of the Commonwealth of Massachusetts, on behalf of the Commonwealth of Massachusetts, Consolidated Appellants,
v.
First Alliance Mortgage Company, et al., Appellees.
United States District Court, C.D. California.https://leagle.com/images/logo.png
April 19, 2001.
April 19, 2001.
Attorney(s) appearing for the Case
William N. Lobel, Jeffrey M. Reisner, Evan C. Borges, Irell & Manella, Newport Beach, CA, for First Alliance Mortgage Co. of California, First Alliance Corp. of Delaware, First Alliance Mortgage Co. of Minnesota.
Marilyn E. Kerst, John A. Krebs, Julie K. Brof, Jeanne-Marie S. Raymond, Anne M. McCormick, Washington, DC, Barbara Y.K. Chun, Federal Trade Commission, Los Angeles, CA, for Federal Trade Commission.
James Newbold, Thomas James, Mary Welch, Assistant Attorneys General of Illinois, for James E. Ryan, Attorney General and on behalf of Illinois.
Patrick J. Evans, Byron Z. Moldo, Rein Evans & Sestanovich, Los Angeles, CA, Thomas W. Dressler, Dressler & LaVina, Los Angeles, CA, for Bob Butterworth, Attorney General and on behalf of Florida, Tom Reilly, Attorney General and on behalf of Massachusetts.
Karen R. Cordry, National Association of Attorneys General, Washington, DC, for Florida, Illinois, and Massachusetts.
David M. Stern, Klee, Tuchin, Bogdanoff & Stern, Los Angeles, CA, for Creditors' Committee.
Larry W. Gabriel, Mona S. Amer, Pachulski, Stang, Ziehl, Young & Jones, Los Angeles, CA, for Borrowers' Committee.
United States District Court, C.D. California.
ORDER REVERSING THE BANKRUPTCY COURT'S ORDER REGARDING THE AUTOMATIC STAY AND PRELIMINARY INJUNCTION
CARTER, District Judge.
This appeal from the bankruptcy court considers whether the automatic stay that takes effect upon a bankruptcy filing bars the Federal Trade Commission ("FTC") and various state attorneys general from commencing or continuing lawsuits against the debtors for violations of consumer protection and fair lending laws...
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