Case Name: Raymond A. SCHMOLL, Plaintiff-Appellee, v. ACANDS, INC., a Pennsylvania Corporation, et al., Defendants, and Raytech Corporation, Defendant-Appellant; Raymond A. SCHMOLL, Plaintiff-Appellee, v. ACANDS, INC., a Pennsylvania Corporation, et al., Defendants, and Raytech Corporation, Defendant-Appellant
Court: United States Court of Appeals for the Ninth Circuit
Jurisdiction: United States
Decision Date: 1992-10-26
Citations: 977 F.2d 499
Docket Number: Nos. 89-35101, 89-35168
Parties: Raymond A. SCHMOLL, Plaintiff-Appellee, v. ACANDS, INC., a Pennsylvania Corporation, et al., Defendants, and Raytech Corporation, Defendant-Appellant. Raymond A. SCHMOLL, Plaintiff-Appellee, v. ACANDS, INC., a Pennsylvania Corporation, et al., Defendants, and Raytech Corporation, Defendant-Appellant.
Judges: Before: BEEZER, NOONAN, and TROTT, Circuit Judges.
Reporter: Federal Reporter 2d Series
Volume: 977
Pages: 499–499

Head Matter:
Raymond A. SCHMOLL, Plaintiff-Appellee, v. ACANDS, INC., a Pennsylvania Corporation, et al., Defendants, and Raytech Corporation, Defendant-Appellant. Raymond A. SCHMOLL, Plaintiff-Appellee, v. ACANDS, INC., a Pennsylvania Corporation, et al., Defendants, and Raytech Corporation, Defendant-Appellant.
Nos. 89-35101, 89-35168.
United States Court of Appeals, Ninth Circuit.
Argued and Submitted Sept. 15, 1992.
Decided Oct. 26, 1992.
William N. Reed, H. Mitchell Cowan, J. Randall Patterson, Watkins Ludlam & Stennis, Jackson, Miss., for defendant-appellant.
Henry Kantor, Jeffrey S. Mutnick, Pozzi, Wilson, Atchison, O’Leary & Conboy, Portland, Or., for plaintiff-appellee.
Before: BEEZER, NOONAN, and TROTT, Circuit Judges.

Opinion:
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.