LANE v. PETERSON

No. 89-2216.

899 F.2d 737 (1990)

Clift C. LANE, Individually, and as Trustee under the Clift C. Lane Revocable Trust, and as Trustee under the Dorothy P. Lane Trust, and Dorothy P. Lane, Individually, and as Trustee under the Dorothy P. Lane Revocable Trust, and as Trustee under the Clift C. Lane Trust, Appellants, v. John E. PETERSON, Jr., and Edward H. Covell, Individually and as Members of the Special Panel, and William B. Sullivan, Appellees.

United States Court of Appeals, Eighth Circuit.

Decided March 30, 1990.


Attorney(s) appearing for the Case

Thomas F. Dowd, Omaha, Neb., for appellants.

Ronald A. May, Little Rock, Ark., for appellees.

Before LAY, Chief Judge, FLOYD R. GIBSON, Senior Circuit Judge, and JOHN R. GIBSON, Circuit Judge.


FLOYD R. GIBSON, Senior Circuit Judge.

Clift and Dorothy Lane appeal from the district court's1 dismissal of their claims against their attorney and two members of a panel set up by a bankruptcy court to assist them in a Chapter 11 reorganization. The Lanes claim that the defendants unlawfully induced them to transfer their stock in their companies to the panel and then unlawfully sold the stock to a third party. The Lanes allege that...

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