Ahlgren, Trustee v. Blomquist

UNITED STATES BANKRUPTCY COURT DISTRICT OF NORTH DAKOTA In Re: Bankruptcy No. 17-30061 Chapter 7 McM, Inc., Debtor. / Erik A. Ahlgren, Trustee, Plaintiff, vs. Adversary No. 17-07028 Paul D. Blomquist, in his capacity as trustee of the Island Lake Irrevocable Trust, Island Lake Irrevocable Trust, Defendants. / MEMORANDUM AND ORDER I. BACKGROUND INFORMATION AND FACTS On or about June 6, 2011, Debtor McM, Inc. purchased real property located in Becker County, Minnesota, with a street address of 41106 County Rd. 126, Detroit Lakes, Minnesota 56501 (the “Island Lake Property”).1 In December 2017,…