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CA APPEALS COURT REVERSES BK STAY ORDER FOR BAC HOME LOANS FOR LACK OF STANDING

CA APPEALS COURT REVERSES BK STAY ORDER FOR BAC HOME LOANS FOR LACK OF STANDING


UNITED STATES BANKRUPTCY APPELLATE PANEL
OF THE NINTH CIRCUIT

In re: BAP No. CC-09-1396-HPDu

Bk. No. 09-15088-TD

FAWN RIDGE PARTNERS, LP,

FAWN RIDGE PARTNERS, LP,
Appellant,

v.

BAC HOME LOANS SERVICING, LP,
Appellee.
______________________________)
Submitted on March 18, 2010
at Pasadena, California
Filed – March 29, 2010

M E M O R A N D U M

VI. CONCLUSION

For the foregoing reasons, we REVERSE the bankruptcy court’s order granting stay relief to BAC. BAC is free to file a new motion for relief from stay if it can properly demonstrate its standing. 13

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