In the Matter of Aval Corporation, a California Corporation, Debtor. William Sat, Jr., and v. A. J. Bumb, Trustee, And
This text of 451 F.2d 1346 (In the Matter of Aval Corporation, a California Corporation, Debtor. William Sat, Jr., and v. A. J. Bumb, Trustee, And) is published on Counsel Stack Legal Research, covering Court of Appeals for the Ninth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The district court order sustaining on review the referee’s denial of Sat’s claim for services rendered the bankrupt is affirmed.
We sustain the order on the basis that Sat necessarily was acting as a broker without a license as required by the California Business and Professions Code. See Section 10136 of the California Business and Professions Code. The fact that he had only one customer does not seem to exempt him. There being no transcript of the hearing before the referee, we cannot go behind his findings upon which he based his conclusions.
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