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IN RE MORTGAGES LTD.

No. CV 09-1312-PHX-MHM. Bankruptcy No. 2:08-bk-7465-RJH. Adversary Nos. 2:08-ap-00781-RJH, 2:08-ap-00831-RJH.

427 B.R. 780 (2010)

In re MORTGAGES LTD., Debtor. PDG Los Arcos, LLC, et al., Appellants, v. Robert M. Adams, et al., Appellees.

United States District Court, D. Arizona.

March 31, 2010.

Attorney(s) appearing for the Case

Cathy L. Reece, Keith L. Hendricks, Fennemore Craig, P.C., Todd Andrew Burgess, Gallagher & Kennedy PA, Phoenix, AZ, John R. Clemency, Greenberg Traurig LLP, for Debtor.

ORDER

MARY H. MURGUIA, District Judge.

Appellants National Retail Development Partners I, LLC ("NRDP") and PDG Los Arcos, LLC ("PDG") appeal from the Bankruptcy Court's (Judge Randolph J. Haines) May 19, 2009 Orders concluding that "under Arizona law, a bare assignment of a contract . . . in the circumstances where the assignment is for purposes of financing," does not imply an assumption of duties and granting Appellees' Motion to Dismiss. Following oral...

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