Opinion ID: 582732
Heading Depth: 2
Heading Rank: 1

Heading: The Receivership Order

Text: 9 San Vicente's first argument--that the district court never included its property in the receivership--is easily dismissed. In the proceedings below, the district court found that it had included San Vicente's property in the receivership. Whether the district court included San Vicente's property in the receivership estate is a question of fact, and we review the district court's findings on this issue for clear error. Fed.R.Civ.P. 52(a); Kruso v. International Tel. & Tel. Corp., 872 F.2d 1416, 1421 (9th Cir.1989) (findings of fact are reviewed under the clearly erroneous standard), cert. denied, 496 U.S. 937, 110 S.Ct. 3217, 110 L.Ed.2d 664 (1990). 10 The district court's June 26, 1984 receivership order provided that Orr would act as receiver for all funds, assets, choses in action and other property belonging to, or in the possession or control of, defendant [APHI] and its subsidiaries.... The order did not name the APHI controlled limited partnerships generally or San Vicente specifically. However, the receivership did include all assets and property controlled by APHI and its subsidiaries. APC, an APHI subsidiary, controlled San Vicente as its general partner. Therefore, the receivership order incorporates the funds and assets of San Vicente in the APHI receivership estate. 11 Moreover, it is clear that the district court intended to bring the property of the limited partnerships into the APHI receivership. The individual partnerships managed by APHI and its subsidiaries were burdened with massive administrative, legal, and accounting problems which needed immediate attention. The district court determined that a receiver was necessary to manage not only APHI and its subsidiaries but also the individual partnerships that had been left in a state of complete disorder. The court also authorized the receiver to make payments from the funds and assets of the limited partnerships and to incur such expenses as may be necessary and advisable. 12 As the district court explained in its findings of fact and conclusions of law, the record in this case unequivocally demonstrates that San Vicente's property was included in the receivership for administrative purposes and that a fair and proportionate share of the administrative expenses were to be paid from these funds and assets. The district court's findings on this issue are not clearly erroneous; rather, they are well supported by the record. We agree with the district court that San Vicente's property was included in the receivership estate. 2