In Re: Parks Diversified, L.P.
Opinion
Trial Court Opinion
I. Introduction
Before the Court is an appeal of various orders by the United States Bankruptcy Court: Central District of California (the “Bankruptcy Court”) by Appellants Talon Diversified Holdings, Inc., North
Initials of Preparer DTA
UNITED STATES DISTRICT COURT
CENTRAL DISTRICT OF CALIFORNIA
CIVIL MINUTES - GENERAL
Case No. 8:23-cv-02230-SVW Date May 6, 2024 Related Cases: 8:23-cv-02250-SVW 8:23-cv-02245-SVW 8:23-cv-02251-SVW 8:23-cv-02279-SVW 8:23-cv-02252-SVW 8:23-cv-02257-SVW 8:23-cv-02260-SVW 8:23-cv-02261-SVW BK Case No. 8:21-bk-11558-TA Adv. No. 8:23-ap-01030-TA Title In re: Parks Diversified, L.P.
Valley Mall Il, LLC, Parks Diversified L.P., North Valley Regional Center LLC, Richard Parks, and Lucia Parks (collectively “Appellants”). For the reasons below, the Court rejects Appellants’ argument that all actions by the Bankruptcy Court are void due to lack of subject matter jurisdiction. However, the Court also finds that the Bankruptcy Court overstepped the bounds of its ancillary jurisdiction. Il. Factual and Procedural Background The facts of this case are unwieldy. For the convenience of the reader,…