United States Ninth Circuit

The absolute priority rule does not apply to not-for-profit corporations because entities affiliated with them do not have equity interests.

Appellate Information

• Argued 02/14/2001
• Decided 09/10/2001
• Published 09/10/2001

Judges

• SCHROEDER, Chief Judge:, Before:  SCHROEDER, Chief Judge, WALLACE and TALLMAN, Circuit Judges.

Court

• United States Ninth Circuit

Counsel

• For Appellant:
  
• Harry D. Hochman,Pachulski, Stand, Ziehl, Young & Jones, P.C., Los Angeles, California, for the plaintiffs-appellants.


• For Appellees:
  
• John T. Hansen, Nossaman, Guthner, Knox & Elliott, LLP, San Francisco, California, for the defendant-appellee.