Herzog Ex Rel. Cornerstone Creditors' Trust v. Stopol, Inc. (In Re Cornerstone Products, Inc.)

MEMORANDUM OPINION 1

BRENDA T. RHOADES, Bankruptcy Judge.

This matter is before the Court following trial of the Complaint in Intervention filed by Sundance General, LLC and the Cross Complaint and Third Party Complaint filed by Stopol, Inc. and Stopol Auctions, LLC. The primary dispute between the parties is whether Stopol, Inc. and/or Stopol Auctions, LLC “fraudulently concealed” from the Debtor, Cornerstone Products, Inc., the existence of purchase orders from third party buyers for certain of the Debtor’s equipment, thereby realizing “secret profits” by purchasing and then reselling certain…