In Re Seltzer

104 F.3d 234 65 USLW 2442 , 20 Employee Benefits Cas. 2331 , 96 Cal. Daily Op. Serv. 9328 , 96 Daily Journal D.A.R. 15 ,368 In re Kenneth A. SELTZER dba Signs Now, Sharon Seltzer, Debtors. Kenneth A. SELTZER dba Signs Now, Sharon Seltzer, Debtors-Appellees, v. Robert COCHRANE, Trustee-Appellant. No. 95-16102. United States Court of Appeals, Ninth Circuit. Submitted Oct. 4, 1996 * . Decided Dec. 23, 1996. Bob L. Olson, Edwards & Kolesar, Las Vegas, Nevada, for trustee-appellant. Lenard Schwartzer, Hale, Lane, Peek, Dennison & Howard, Las Vegas, Nevada, for debtors-appellee. On Appeal from the United States District Court for the District of Nevada, Lloyd D. George, Chief Judge, Presiding. D.C. Nos. CV-S-93-1121-LDG (RJJ), BK-S-92-25775-RCJ. Before SKOPIL and FLETCHER, Circuit Judges, and RHOADES, District Judge ** . SKOPIL, Circuit Judge: 1 We must decide whether the retroactive application of a Nevada statute allowing debtors to exempt Individual Retirement Accounts from bankruptcy violates the Contract Clause of the United States Constitution. Both the bankruptcy court and the district court concluded that although the statute impaired private contract rights, the…