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TAHA v. ENGSTRAND

92-2609.

987 F.2d 505 (1993)

Robert D. TAHA, Trustee in Bankruptcy of Des Moines Boating Center and Boatland, Inc., Plaintiff, v. Ralph ENGSTRAND; Mark Engstrand; Leola Engstrand, Plaintiffs-Appellants, Ralph's Distributing Co., an Iowa Corporation, Intervenor, v. BAYLINER MARINE CORPORATION, Defendant-Appellee.

United States Court of Appeals, Eighth Circuit.

Decided March 2, 1993.

Attorney(s) appearing for the Case

Lawrence Marcucci, West Des Moines, IA, argued (Julia L. Stevenson, on the brief), for plaintiffs-appellants.

John Werner, Des Moines, IA, argued (Mark W. Thomas, on the brief), for defendant-appellee.

Before MORRIS SHEPPARD ARNOLD, Circuit Judge, FLOYD R. GIBSON, Senior Circuit Judge, and THOMAS M. REAVLEY, Senior Circuit Judge.

MORRIS SHEPPARD ARNOLD, Circuit Judge.

Des Moines Boating Center, Inc., (Boating Center) and Boatland, Inc., (Boatland) were formed in the 1980s for the purpose of selling retail marine products. All stock in these two companies was held by another corporation, Ralph's Distributing Co. In turn, Ralph Engstrand and his son Mark owned all stock in Ralph's Distributing. Leola Engstrand is Ralph's wife and Mark's mother. Bayliner Marine Corp. (Bayliner) manufactured and...

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