9 Collier bankr.cas.2d 598, Bankr. L. Rep. P 69,390 in Re Exennium, Inc., Dba Axiom Television, Griffeys Tv and Appliances, Griffeys House of Portables, Griffeys Tv and Portables, Griffeys Electronics, Debtor. Irving Sulmeyer, Trustee v. Karbach Enterprises, a California Limited Partnership

715 F.2d 1401 9 Collier Bankr.Cas.2d 598 , Bankr. L. Rep. P 69,390 In re EXENNIUM, INC., dba Axiom Television, Griffeys TV and Appliances, Griffeys House of Portables, Griffeys TV and Portables, Griffeys Electronics, Debtor. Irving SULMEYER, Trustee, Appellant, v. KARBACH ENTERPRISES, a California limited partnership, Appellee. No. 82-5763. United States Court of Appeals, Ninth Circuit. Argued and Submitted May 6, 1983. Decided Sept. 16, 1983. Max Rush, Sulmeyer, Kupetz, Baumann & Rothman, Los Angeles, Cal., for appellant. Daniel H. Slate, Gendel, Raskoff, Shapiro & Quittner, Los Angeles, Cal., for appellee. Appeal from the United States Bankruptcy Appellate Panels for the Ninth Circuit. Before ELY, SNEED and TANG, Circuit Judges. SNEED, Circuit Judge: 1 The trustee in bankruptcy for Exennium, Inc., appeals an order of the Bankruptcy Appellate Panel (BAP), voiding the sale of four real estate leases and personal property to David Pierson, a partner in Exennium's former law firm. 23 B.R. 782 (Bankr. 9th Cir.1982). Karbach Enterprises, the lessor of one of the leases, defends the BAP's order. We reverse the decision of the BAP because Karbach failed to secure a stay of the…