Wallace Perry, Trustee v. Boyd James O'donnell, K.D. Realty Fund No. 1, Wallace Perry, as Trustee of the Estates of Boyd James O'DOnnell and Joan O'donnell, Bankrupts v. Boyd James O'donnell, Et Ux.

749 F.2d 1346 Wallace PERRY, Trustee, et al., Plaintiff-Appellee, v. Boyd James O'DONNELL, et al., Defendants, K.D. Realty Fund No. 1, et al., Defendants-Appellants. Wallace PERRY, as Trustee of the Estates of Boyd James O'Donnell and Joan O'Donnell, Bankrupts, Plaintiff/Appellant, v. Boyd James O'DONNELL, et ux., et al., Defendants/Appellees. Nos. 83-6277, 83-6301. United States Court of Appeals, Ninth Circuit. Argued and Submitted May 10, 1984. Decided Dec. 21, 1984. As Amended Feb. 8, 1985. Howard D. Gest, Los Angeles, Cal., for defendants-appellants. Russell Piccoli, Phoenix, Ariz., for plaintiff-appellee. Appeal from the United States District Court for the Central District of California. Before CHAMBERS, TANG and BOOCHEVER, Circuit Judges. BOOCHEVER, Circuit Judge: 1 This appeal is from a summary judgment extinguishing any claims that may be asserted by K.D. Realty Fund No. 1 ("K.D.") or David and Nettie M. Shambeau ("the Shambeaus") to certain real property known as the Mediterranean Apartments, located in Los Angeles County. The district court granted the summary judgment based on its conclusion that California law does not give a purchaser under a land sale contract bona…