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OCR: plaint to avoid the sale foreclosure trust deed held Imperial Savings Bank, sued herein Imperial Savings Loan Association (herein Impe- rial} The bankruptcy court disuissed the individual respondents for failure Petitioner state claim upon which relief can be granted saying that Madrid (9th cir. BAP 1982) and Ehring {9th cir BAPY control (ApP m Pet for Writ ana granted judgment judgment the pleadings for Imperial on the grounds that BFP did not have interest the property and bid stablished the reasonably equivalent value APP Amended Pet. for Writ. 6 Interven- ing courts affirmed. The circuit Court said that BFP had an interest the property and however bids uO foreclo- sure establish irreputtable presump tion of reasonably eguivalent value adwI estahlished irrebuttable