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Rick D. Lange, Chap. 7 Trustee v. Robert C. Schropp (In re Brook Valley IV Jt. Venture), Ch. 7, BK02-80974, A04-8089-TJM

Affirmed in part at 496 F.3d 892 (8th Cir. 2007). Two partners in the debtor breached their fiduciary duties to the debtor's estate by purchasing some of its property at a foreclosure sale. The court imposed a constructive trust on the net proceeds.

Date: 
Friday, February 3, 2006
Judge: 
Judge Timothy J. Mahoney (Retired)