Stead Industries, Inc., In re

Good Law
990 F.2d 1260·1993 WL 89078·1993 U.S. App. LEXIS 14110
United States Court of Appeals for the Ninth CircuitMarch 29, 199392-15363California732 words

Opinion

Opinion

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NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel.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-Appellee. Stephen LANNES, Creditor-Appellant, v. UNSECURED CREDITORS' COMMITTEE; American Appliance MFG Corp., a California corporation, et al Defendants-Appellees. No. 92-15363. 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 district court's order approving a compromise of an antitrust cause of action owned by the Debtor. We AFFIRM. BACKGROUND FACTS 3 Stead Industries, Inc. dba Hoyt Heater Company (Debtor) filed a petition for reorganization under Chapter 11 of the Bankruptcy Code. Among the assets of the estate were claims for damages arising from the anticompetitive conduct of State Industries, Inc. (State) and American Appliance Mfg. Corp. (American). 4 In February 1991, the…

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