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Glasser v. Desert Ranch LLLP (In re Yellowstone Mountain Club, LLC)

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MONTANA BUTTE DIVISION
Oct 13, 2017
CV 15-40-BU-SEH (D. Mont. Oct. 13, 2017)

Opinion

CV 15-40-BU-SEH Adversary No. 10-00015

10-13-2017

In re: YELLOWSTONE MOUNTAIN CLUB, LLC, et al, Debtors. BRIAN A. GLASSER, AS TRUSTEE OF THE YELLOWSTONE CLUB LIQUIDATING TRUST, Plaintiff, v. DESERT RANCH LLLP, a Nevada limited liability limited partnership; DESERT RANCH MANAGEMENT LLC, a Nevada limited liability company; TIMOTHY BLIXSETH, an individual; BEAU BLIXSETH, an individual; THORNTON BYRON LLP, an Idaho limited liability partnership; GEORGE MACK, an individual; JOHN DOES 1-100; and XYZ CORPS. 1-100, Defendants.


Bankruptcy No. 08-61570-11

ORDER AND JUDGMENT

It appearing to the Court that the Plaintiff Brian A. Glasser ("Glasser"), Successor Trustee of the Yellowstone Club Liquidation Trust, and Helen R. Frazer, Chapter 7 Trustee for Desert Ranch LLLP, have stipulated to entry of judgment against Defendant Desert Ranch LLLP as to Count I of the Complaint.

Doc. 2. --------

ORDERED AND ADJUDGED

Plaintiff Glasser, as Trustee of the Yellowstone Club Liquidating Trust, is awarded judgment against Defendant Desert Ranch LLLP only as to Count I of the Complaint in the principal amount of $174,414,342.00 USD. Prejudgment interest on the claim is waived. Post-judgment interest will accrue at the rate specified in 28 U.S.C. § 1961 from and after the date of entry of judgment.

The judgment entered is limited to judgment against Desert Ranch LLLP only in the amount of $174,414,342.00 USD without prejudgment interest. Such judgment shall not for any purpose be deemed to be or considered as a final judgment subject to appellate review or from which post judgment relief may be sought unless and until final judgment has been entered on all claims pending against Defendants Desert Ranch Management LLC, Timothy Blixseth, Beau Blixseth and Thornton Byron LLP.

DATED this 13th day of October, 2017.

/s/_________

SAM E. HADDON

United States District Judge


Summaries of

Glasser v. Desert Ranch LLLP (In re Yellowstone Mountain Club, LLC)

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MONTANA BUTTE DIVISION
Oct 13, 2017
CV 15-40-BU-SEH (D. Mont. Oct. 13, 2017)
Case details for

Glasser v. Desert Ranch LLLP (In re Yellowstone Mountain Club, LLC)

Case Details

Full title:In re: YELLOWSTONE MOUNTAIN CLUB, LLC, et al, Debtors. BRIAN A. GLASSER…

Court:UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MONTANA BUTTE DIVISION

Date published: Oct 13, 2017

Citations

CV 15-40-BU-SEH (D. Mont. Oct. 13, 2017)