Does the Court of Appeal have any authority to order rescission and restitution in the context of the Conversion Agreement?
MultiRegion, United States of America
The following excerpt is from Far West Federal Bank, S.B. v. Office of Thrift Supervision-Director, 119 F.3d 1358 (9th Cir. 1994):
The Investors argued in the alternative to the district court that they were entitled to rescission and restitution because the government breached the Conversion Agreement. We affirm on this ground. See United States v. Washington, 969 F.2d 752, 755 (9th Cir.1992) (appellate court may affirm on any ground supported by the record, even if district court did not rely on that ground).
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