United States Bankruptcy Appellate Panel for the Ninth Circuit September 3, 1987, BAP No. CC 86-1959-Mo VJ, Bankruptcy No. SB 84-01763-JW (Richter v. Klein/Ray Broadcasting (In Re Klein/Ray Broadcasting))

OPINION

MOOREMAN, Bankruptcy Judge:

This appeal arises from the trial court’s denial of a motion to convert or in the alternative a motion to appoint a chapter 11 trustee.

FACTS

The debtor herein, Klein/Ray, filed a Chapter 11 petition on May 4, 1984. The debtor has been acting as a debtor-in-possession through its officers Milt Klein and Shayle Ray [“Klein” and “Ray”].