IN RE VISTA DEL MAR ASSOCIATES, INC.

BAP Nos. NC-94-2246-MeAsV, NC-94-2247-MeAsV. Bankruptcy No. 94-41536 N.

181 B.R. 422 (1995)

In re VISTA DEL MAR ASSOCIATES, INC., Debtor. VISTA DEL MAR ASSOCIATES, INC., Courtney Rudnick and California Housing Ventures, Appellants, v. WEST COAST LAND FUND, Appellee.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided April 27, 1995.


Attorney(s) appearing for the Case

Michael St. James, San Francisco, CA, for appellants.

Robert R. Barnes, San Diego, CA, for appellee.

Before MEYERS, ASHLAND and VOLINN, Bankruptcy Judges.


OPINION

MEYERS, Bankruptcy Judge:

I

The bankruptcy court confirmed the plan of appellee, West Coast Land Fund, L.P. ("West Coast"), a secured creditor. Pursuant to the plan West Coast obtained the property of the debtor, Vista Del Mar Associates, Inc. ("Debtor"), by credit bidding at an auction held immediately following the hearing on confirmation. The Debtor appeals the orders confirming the plan and approving the sale. West Coast has moved to...

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