case update: shaken, not stirred

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In Re: Flanagan, No. 04-5638

In two separate but related adversary bankruptcy proceedings, denial of appellants’ request for the imposition of a constructive trust over certain securities is affirmed primarily where appellants make no argument as to why the debtor’s general creditors would be unjustly enriched by the estate’s continued ownership interest in the stock.

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In the Matter of: Crutcher-Tufts Res., Inc., No. 06-30978

A bankruptcy court judgment rejecting appellant’s claim of entitlement to receive an equity interest in debtor-partnership by virtue of a “Membership Agreement” is affirmed for the reasons set forth by the bankruptcy court’s opinion, which is adopted by the circuit court in its entirety.

 

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