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STOUMBOS v. KILIMNIK

Nos. 91-35524, 91-35525.

988 F.2d 949 (1993)

Zachary STOUMBOS, Trustee, as successor to Dale V. Whitesides, Trustee, Plaintiff-Appellant-Cross-Appellee, v. Walter KILIMNIK, an individual, AAM Aerospace & Corrosion International, Inc., a Washington corporation, d/b/a Aerospace & Corrosion International, Inc., et al., Defendants-Appellees-Cross-Appellants.

United States Court of Appeals, Ninth Circuit.

Decided March 9, 1993.

Attorney(s) appearing for the Case

Joseph E. Shickich, Jr., Riddell, Williams, Bullitt & Walkinshaw, Seattle, WA, for plaintiff-appellant-cross-appellee.

William S. Weinstein, Weinstein, Fischer & Riley, Seattle, WA, for defendants-appellees-cross-appellants.

Before WRIGHT, FLETCHER and CANBY, Circuit Judges.

FLETCHER, Circuit Judge:

The trustee for debtor American Alloy Metals ("AAM") appeals the district court's affirmance of the bankruptcy court's decision in an adversary proceeding brought by the trustee against Walter Kilimnik, former president of AAM. The decision in most respects favored Kilimnik. Kilimnik cross appeals that portion of the judgment that disfavored him. We reverse in most respects and remand.

FACTS

Walter Kilimnik founded AAM in...

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