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IN RE RODEO CANON DEVELOPMENT CORP.

Nos. 02-56999, 02-57203.

362 F.3d 603 (2004)

In re RODEO CANON DEVELOPMENT CORPORATION, Debtor. William Warnick; Ann Warnick, individually and as Trustees of the William and Ann Warnick Family Living Trust; Alan Warnick; Jill Warnick, Appellants-Cross-Appellees, v. Fred Yassian; Beverly Rodeo Development Corporation, Appellees-Cross-Appellants.

United States Court of Appeals, Ninth Circuit.

Filed March 30, 2004.

Attorney(s) appearing for the Case

Louis J. Khoury, Law Offices of Louis J. Khoury, Los Angeles, CA, for the appellants/cross-appellees.

David R. Weinstein, Weinstein, Eisen, Weiss & Rothschild LLP, Los Angeles, CA, for the appellees/cross-appellants.

Before: KOZINSKI and NOONAN, Circuit Judges, and SCHWARZER, Senior District Judge.

SCHWARZER, Senior District Judge:

This case concerns the proper disposition in bankruptcy court of proceeds from the sale of property, the ownership of which was subject to dispute and in litigation in a pending adversary proceeding. While the debtor held legal title to the property, its partner claimed that the property was owned by the partnership and hence not the estate. The outcome of the ownership dispute, yet unresolved, would determine whether the indebtedness...

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