Larson v. Foster (In re Foster)
United States Bankruptcy Appellate Panel for the Eighth Circuit
1Opinion of the Court
SHODEEN, Bankruptcy Judge.
John A. Larson, III, appeals the November 1, 2013 orders entered by the Bankruptcy Court1 granting a Motion to Dismiss his complaint and denying his Motion for Retroactive Approval to Prosecute Derivative Action Complaint. For the reasons that follow, we AFFIRM.
FACTUAL AND PROCEDURAL BACKGROUND
Cindy M. Foster (“Debtor”) was an agent for Allstate Insurance Company and a number of associated entities. According to a purchase agreement dated April 26, 2010, John A. Larson, III acquired Debtor’s insurance business and a covenant not to compete for $425,000 to be paid…
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- Liberty Mutual Insurance v. Official Unsecured Creditors' Committee of Spaulding Composites Co. (In Re Spaulding Composites Co.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1997
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