9th Circ. Slams Injunction Blocking Sunwest Lenders

Law360, New York (January 4, 2010, 2:03 PM EST) -- A federal appeals court has denounced an injunction preventing secured lenders of alleged Ponzi scheme Sunwest Management Inc. from collecting on the retirement home operator's debts, although the court dismissed the lenders' bid to force the district judge off the case.

In an unpublished ruling on Dec. 29, the U.S. Court of Appeals for the Ninth Circuit found that Judge Michael R. Hogan of the U.S. District Court for the District of Oregon did not provide sufficient justification for issuing the preliminary injunction, but affirmed the...
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