IN RE SHAHANI

Bankruptcy Case No. 09-33549DM, Adversary Proceeding No. 10-3022DM.

In re: RAY K. SHAHANI, Chapter 11, Debtor. RAY K. SHAHANI, individually and as TRUSTEE OF THE 888 TRUST DATED AUGUST 10, 2006, Plaintiff, v. UNITED COMMERCIAL BANK, et al., Defendants.

United States Bankruptcy Court, N.D. California.

December 27, 2010.


MEMORANDUM DECISION FOLLOWING TRIAL

DENNIS MONTALI, Bankruptcy Judge

I. INTRODUCTION.

Plaintiffs Ray K. Shahani and the 888 Trust (together "Shahani") brought this action for breach of a construction loan agreement, wrongful foreclosure, damages and other relief in the San Francisco Superior Court against East West Bank as assignee from the FDIC as Receiver for United Commercial Bank (both referred to herein interchangeably as "Bank") and other...

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