In Re Cochise College Park, Inc.

703 F.2d 1339 Bankr. L. Rep. P 69,327 In re COCHISE COLLEGE PARK, INC., Bankrupt, Emma DeMarco HALL, et al., Plaintiffs, and Christine Baldrian, et al., Intervenors-Appellants, v. Wallace PERRY, Bankruptcy Trustee and as Ex-Receiver in Equity in Cause No. B-72-393 PHX WPC, Defendant-Appellee. No. 80-5890. United States Court of Appeals, Ninth Circuit. Argued and Submitted Feb. 2, 1982. Decided March 11, 1983. Don Gladden, Fort Worth, Tex., for intervenors-appellants. James M. Marlar, Ryley, Carlock & Ralston, Phoenix, Ariz., Marion Smoker, Phoenix, Ariz., for defendant-appellee. Appeal from the United States District Court for the District of Arizona. Before WRIGHT and FLETCHER, Circuit Judges, and MEREDITH, Senior District Judge. * FLETCHER, Circuit Judge: 1 This is an appeal from an order of the district court affirming the bankruptcy court's grant of summary judgment for the appellee Wallace Perry, the bankruptcy trustee of a bankrupt land development corporation, Cochise College Park, Inc. (Cochise). 1 The judgment relieves the trustee from liability for his actions in collecting and using payments under installment land contracts between Cochise and a nationwide class of…