Ritchie Capital Management, L.L.C. v. BMO Harris Bank, N.A.

COLLOTON, Circuit Judge.

This suit arises out of the collapse of Thomas Petters’s massive Ponzi scheme. Ritchie Capital Management, one of Pet-ters’s creditors, appeals the district court’s dismissal of its claims against BMO Harris, the successor-in-interest to M&I Bank. Ritchie seeks damages from BMO based on M&I’s alleged collusion with Petters and his companies. The district court abstained from exercising jurisdiction and then dismissed Ritchie’s claims. We affirm the district court’s decision to abstain, but vacate the judgment dismissing the case and remand for the court to. enter a…