IN RE TRI-STATE FINANCIAL, LLC

BAP Nos. 13-6030, 13-6036.

512 B.R. 209 (2014)

In re TRI-STATE FINANCIAL, LLC, doing business as North Country Ethanol, Debtor. Thomas D. Stalnaker, Trustee, Plaintiff-Appellant v. George Allison; Frank Cernik; Phyllis Cernik; Chris Daniel; Amy Daniel; Distefano Family Ltd. Partnership; Mark E. Ehrhart; Robert G. Griffin; John Hoich; Denise Hoich; James G. Jandrain; American Interstate Bank; George Kramer; Bernie Marquardt; Radio Engineering Industries, Inc.; Joseph Vacanti, Trustee of The Joseph and Cynthia Vacanti Trust; Defendants-Appellees Centris Federal Credit Union, Defendant-Appellant. Centris Federal Credit Union, Counterclaim and Cross-Claim Plaintiff-Appellant v. Thomas D. Stalnaker, Counterclaim Defendant-Appellant and George Allison; Frank Cernik; Phyllis Cernik; Chris Daniel; Amy Daniel; Distefano Family Ltd. Partnership; Mark E. Ehrhart; Robert G. Griffin; John Hoich; Denise Hoich; James G. Jandrain; American Interstate Bank; Timothy Jackes; George Kramer; Bernie Marquardt; Radio Engineering Industries, Inc.; Joseph Vacanti, Trustee of The Joseph and Cynthia Vacanti Trust, Cross-Claim Defendants-Appellees. In re Tri-State Financial, LLC, doing business as North Country Ethanol, Debtor. Thomas D. Stalnaker, Trustee, Plaintiff-Appellee v. George Allison; Frank Cernik; Phyllis Cernik; Chris Daniel; Amy Daniel; Distefano Family Ltd. Partnership, Defendants-Appellants Mark E. Ehrhart; Robert G. Griffin; John Hoich; Denise Hoich, Defendants James G. Jandrain; George Kramer; Bernie Marquardt, Defendants-Appellants Radio Engineering Industries, Inc.; Joseph Vacanti, Trustee of The Joseph and Cynthia Vacanti Trust; American Interstate Bank, Defendants Centris Federal Credit Union, Defendant-Appellee. Centris Federal Credit Union, Counterclaim and Cross-Claim Plaintiff-Appellee v. Thomas D. Stalnaker, Counterclaim Defendant-Appellee. George Allison; Frank Cernik; Phyllis Cernik; Chris Daniel; Amy Daniel; Distefano Family Ltd. Partnership, Cross-Claim Defendants-Appellants Mark E. Ehrhart; Robert G. Griffin; John Hoich; Denise Hoich, Cross-Claim Defendants James G. Jandrain, Cross-Claim Defendant-Appellant American Interstate Bank, Cross-Claim Defendant Timothy Jackes; George Kramer; Bernie Marquardt, Cross-Claim Defendants-Appellants Radio Engineering Industries, Inc.; Joseph Vacanti, Trustee of The Joseph and Cynthia Vacanti Trust, Cross-Claim Defendants.

United States Bankruptcy Appellate Panel of the Eighth Circuit.

Decided: February 5, 2014.


Attorney(s) appearing for the Case

Robert J. Becker , Martin P. Pelster , David J. Skalka , John D. Stalnaker , Omaha, NE, for appellants/cross-appellees, Thomas D. Stalnaker and Centris Federal Credit Union.

Charles Jan Headley , Omaha, NE, for appellees/cross-appellants, George Allison, Jr., Frank & Phyllis Cernik, Chris & Amy Daniel, Distefano Family Ltd. Partnership, Timothy Jackes, James G. Jandrain, George Kramer and Bernie Marquardt.

Michael J. Whaley , James P. Waldron , Omaha, NE, for appellee, Radio Engineering Industries, Inc.

Before KRESSEL, SCHERMER and NAIL, Bankruptcy Judges.


NAIL, Bankruptcy Judge.

Trustee Thomas Stalnaker and Centris Federal Credit Union appeal the May 21, 2013 judgment of the bankruptcy court to the extent it determined certain funds were not property of the bankruptcy estate. James G. Jandrain, Distefano Family Ltd. Partnership, George Allison, Jr., Frank and Phyllis Cernik, Chris and Amy Daniel, Timothy Jackes, George Kramer, and Bernie Marquardt appeal the same judgment to the extent it awarded Stalnaker certain...

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