U.S. Court of Appeals for the Ninth Circuit, 1992

Schmoll v. Acands, Inc.

Schmoll v. Acands, Inc.
U.S. Court of Appeals for the Ninth Circuit · Decided October 26, 1992 · Beezer, Noonan, Trott
977 F.2d 499; 1992 WL 301750 (Federal Reporter, Second Series)

Schmoll v. Acands, Inc.

Opinion of the Court

ORDER

Under Oregon law, creditors have priority over shareholders in all of the future earnings of an insolvent corporation. We have reviewed the record in No. 89-35168 and we affirm the district court’s judgment on the grounds stated in its opinion. Schmoll v. ACandS, Inc., 703 F.Supp. 868 (D.Or. 1988).

We dismiss Raytech’s appeal of an interlocutory order in No. 89-35101.

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