Legal Opinion

Rick D. Lange v. Robert C. Schropp

Court of Appeals for the Eighth Circuit

Decided August 6, 2007No. 06-3280PublishedCited by 21 opinions

1Opinion of the Court

COLLOTON, Circuit Judge.

Rick D. Lange, the bankruptcy trustee for debtors Brook Valley TV, Joint Venture, and Brook Valley VII, Joint Venture, brought suit against Robert C. Schropp, Leo E. Dahlke, and several entities controlled by Schropp and/or Dahlke. Lange alleges that Schropp and Dahlke breached their fiduciary duties to the bankruptcy estates and converted property of the estates. After a two-day trial, the bankruptcy court concluded that Schropp and Dahlke had violated their fiduciary duties. To remedy this breach, the court imposed a constructive trust on their gains from the sale of…

2Cases cited19 opinions

  1. BFP v. Resolution Trust CorporationSupreme Court of the United States · 1994
  2. Commodity Futures Trading Commission v. WeintraubSupreme Court of the United States · 1985
  3. Wolf v. WeinsteinSupreme Court of the United States · 1963
  4. In Re N.S. Garrott & Sons and Eastern Arkansas Planting Company, a Joint Venture. N.S. Garrott & Sons, an Arkansas General Partnership, Eastern Arkansas Planting Company, an Arkansas General Partnership v. Union Planters National Bank of Memphis and Crittenden Abstract & Title Co., Inc. Chicago Title Insurance Company, Intervenor, in Re N.S. Garrott & Sons and Eastern Arkansas Planting Company, a Joint Venture. N.S. Garrott & Sons, an Arkansas General Partnership, Eastern Arkansas Planting Company, an Arkansas General Partnership v. Union Planters National Bank of Memphis, Crittenden Abstract & Title Co., Inc., Chicago Title Insurance Company, IntervenorCourt of Appeals for the Eighth Circuit · 1985
  5. Norlin Corp. v. Rooney, Pace Inc.Court of Appeals for the Second Circuit · 1984

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3Cited by21 opinions

  1. Brown Media Corporation v. K&L Gates, LLPCourt of Appeals for the Second Circuit · 2017
  2. GAF Holdings, LLC v. Rinaldi (In Re Farmland Industries, Inc.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2009
  3. Seaver v. New Buffalo Auto Sales, LLC (In Re Hecker)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2011
  4. GAF Holdings, LLC v. Rinaldi (In Re Farmland Industries, Inc.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2007
  5. Calderon v. Bank of America Corp. (In re Calderon)United States Bankruptcy Court, E.D. Arkansas · 2013

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