County of Santa Cruz v. California Health Facilities Financing Authority

972 F.2d 1338 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. The COUNTY OF SANTA CRUZ, a political subdivision of the State of California; the County of Stanislaus, a political subdivision of the State of California, Plaintiffs-Appellants, v. The CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY, a public instrumentality of the State of California; Swiss Bank Corporation, San Francisco Branch, a branch of a corporation organized and existing under the laws of Switzerland; Swiss Bank Corporation, Cayman Island Branch, a branch of a corporation organized and existing under the laws of Switzerland; E.F. Hutton and Company, Inc., a Delaware corporation; Lehman Brothers, Inc., a Delaware corporation; The Honorable Thomas W. Hayes, in his official capacity as State Treasurer of the State of California and Chairman of the California Health Facilities Financing Authority, Defendants-Appellees. No. 91-15309. United States Court of Appeals, Ninth Circuit. Argued and Submitted April…