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CANADA LIFE ASSUR. CO. v. LAPETER

No. 07-35683.

557 F.3d 1103 (2009)

CANADA LIFE ASSURANCE CO., Plaintiff-Appellee, v. Alfred R. LaPETER; Sharon R. LaPeter; LaPeter 1985 Living Trust, Defendants-Appellants.

United States Court of Appeals, Ninth Circuit.

Filed March 4, 2009.

Attorney(s) appearing for the Case

B. Newal Squyres, Robert A. Faucher, and Kevin C. Braley, Holland & Hart, LLP, on behalf of plaintiff-appellee Canada Life Assurance Co.

Emil R. Berg, Greener Burke Shoemaker P.A., on behalf of defendants-appellants Alfred R. LaPeter and Sharon R. LaPeter as Trustees for the LaPeter 1985 Living Trust.

Before: RONALD M. GOULD, RICHARD C. TALLMAN and CONSUELO M. CALLAHAN, Circuit Judges.

CALLAHAN, Circuit Judge:

Alfred R. LaPeter and Sharon R. LaPeter, as trustees for the LaPeter 1985 Living Trust (referred to collectively as "LaPeter"), appeal the district court's order appointing a receiver to manage the ParkCenter Mall in Boise, Idaho (the "Mall").1 We have jurisdiction under 28 U.S.C. § 1292(a)(2), and we affirm.

I.

In 1996, LaPeter purchased the Mall for $9.6 million, made a $2.4 million down...

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