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IN RE GIANULIAS

BAP No. CC-12-1194-PaDKl, Bankr. No. 08-13150-CB, (substantively consolidated with No. 08-13151-CB).

In re: JAMES C. GIANULIAS; CAMEO HOMES, Debtors. VRE ACCEPTANCE, LLC; VIRTUAL REALITY ENTERPRISES, LLC, Appellants, v. THOMAS SEAMAN, Trustee of the Creditors Trust for the Reorganized Debtors James C. Gianulias and Cameo Homes, Appellee.

United States Bankruptcy Appellate Panel, Ninth Circuit.

Filed April 5, 2013.

Attorney(s) appearing for the Case

Bergeron H. Pierre of Squire Sanders (US) LLP argued for appellants VRE Acceptance, LLC and Virtual Reality Enterprises, LLC; Elissa D. Miller of SulmeyerKupetz, APC argued for appellee Thomas Seaman.

Before: PAPPAS, DUNN and KLEIN, Bankruptcy Judges.

NOT FOR PUBLICATION

MEMORANDUM1

PAPPAS, Judge.

Creditors VRE Acceptance, LLC ("VREA") and Virtual Realty Enterprises, LLC ("Virtual") appeal the order of the bankruptcy court denying their "Motion for Determination That Their Claims Were Properly Filed." We REVERSE.

FACTS

James C. Gianulias ("Gianulias") was a California real estate developer who developed dozens of commercial and residential...

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