In Re Royal Properties, Inc.

621 F.2d 984 6 Bankr.Ct.Dec. 952 In re ROYAL PROPERTIES, INC., a Nevada Corporation, Debtor. Kent B. CASADY, Scott G. Miller and Richard A. Miller, Plaintiffs-Appellants, v. John BUCHER, Trustee of Royal Properties, Inc., a Nevada Corporation, Defendant-Appellee. No. 78-3262. United States Court of Appeals, Ninth Circuit. June 19, 1980. James J. Biggins, Jr., San Diego, Cal., for plaintiffs-appellants. Isaac M. Pachulski, Los Angeles, Cal., for defendant-appellee. Appeal from the United States District Court for the Southern District of California. Before TUTTLE, * WALLACE and NELSON, Circuit Judges. TUTTLE, Circuit Judge: 1 This case is a consolidation of appeals from three orders of the district court for the Southern District of California dismissing as moot the plaintiffs' appeals from orders of the bankruptcy court. We affirm. 2 Royal Properties, Inc. is the debtor in a reorganization proceeding pending under Chapter X of the Bankruptcy Act. The appellants, Scott Miller, Richard Miller, and Kent Casady, are shareholders of two-thirds of the outstanding stock of Royal. The appellee, John Bucher, is the trustee in bankruptcy. 3 On September 19, 1977, Royal's principal asset,…