United States Tenth Circuit

In an appeal from a district court's order staying all actions related to property in a receivership estate containing the proceeds of an alleged financial fraud, the order is affirmed where: 1) the district court properly focused on safeguarding the investors' assets as a whole in refusing to lift the stay; and 2) the receiver's actions to this point did not invalidate or otherwise impact any party's perfected security interest.

Appellate Information

• Decided 03/30/2010
• Published 03/30/2010

Judges

• HENRY, Chief Judge., Before HENRY, Chief Judge, BRISCOE, and LUCERO, Circuit Judges.

Court

• United States Tenth Circuit

Counsel

• For Appellant:
  
• Peter Billings (with Timothy K. Clark on the briefs), Fabian & Clendenin, Salt Lake City, UT, for Movants-Appellants.


• For Appellees:
  
• M. David Eckersley, Prince, Yeates & Geldzahler, Salt Lake City, UT, for Receiver-Appellee.