Commodity Futures Trading Com'n v. Co Petro Marketing Group, Inc.

700 F.2d 1279 10 Bankr.Ct.Dec. 414 , Bankr. L. Rep. P 69,108 COMMODITY FUTURES TRADING COMMISSION, Plaintiff, v. CO PETRO MARKETING GROUP, INC., a California corporation, et al., Defendants. LOO, MERIDETH & McMILLAN, Claimant/Appellant, v. Irving SULMEYER, Receiver/Appellee. No. 81-5862. United States Court of Appeals, Ninth Circuit. Argued and Submitted Jan. 4, 1983. Decided March 11, 1983. M. Sean McMillan, Loo, Merideth & McMillan, Los Angeles, Cal., for claimant/appellant. David M. Higgins, Overton, Lyman & Prince, Los Angeles, Cal., for receiver/appellee. Appeal from the United States District Court for the Central District of California. Before SKOPIL, NELSON, and CANBY, Circuit Judges. NELSON, Circuit Judge: 1 Appellant Loo, Merideth & McMillan appeals from a district court order declaring that appellant had violated a permanent injunction issued by the district court against any transfer of the assets of Co Petro Marketing Group, Inc. ("Co Petro"). The district court ordered appellant to return $60,000 it had received from Co Petro. Appellant contends (1) that the district court did not have jurisdiction to issue the order, (2) that the district court…