Stead Industries, Inc., In re

990 F.2d 1260 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. In re STEAD INDUSTRIES, INC., a Nevada corporation, dba Hoyt Heater Company, Debtor. Stephen LANNES, Appellant, v. UNSECURED CREDITORS' COMMITTEE; Litigation Committee; Stead Industries, Inc.; State Inc., Appellees. No. 91-16697. United States Court of Appeals, Ninth Circuit. Submitted March 11, 1993. * Decided March 29, 1993. Before NORRIS, HALL and FERNANDEZ, Circuit Judges. 1 MEMORANDUM ** 2 Stephen Lannes appeals the Bankruptcy Appellate Panel's order dismissing his appeal as moot. The bankruptcy court approved a compromise of Debtor's cause of action. That order was not stayed pending appeal. The settlement was consummated and the underlying lawsuit was dismissed with prejudice. 3 An appeal becomes moot when, in the absence of a stay, events occur so that it becomes impossible for the appellate court to fashion effective relief. In re Roberts Farms, Inc., 652 F.2d 793 , 797 (9th Cir.1981); In re Combined…