Brian Lipschultz News Today

The judge neither approved nor denied the sale of controlling interests in Bremer Bank to 19 hedge funds.

The Minnesota Supreme Court upheld on Wednesday the removal of Brian Lipschultz as a trustee of Otto Bremer Trust, one of the state's largest philanthropies. In its ruling, the state's highest court said Lipschultz "repeatedly placed his own priorities before those of the Trust" by using his assistant for his own personal and other non-trust related tasks and by using the trust's address for ...

The Minnesota Supreme Court has upheld a Ramsey County District Court judge’s earlier ruling removing Brian Lipschultz from the Otto Bremer Trust. Lipschultz had appealed Judge Robert Awsumb’s the April 2022 decision to the Minnesota Court of Appeals. Lipschultz lost. He then took his case to the Minnesota Supreme Court. On Wednesday the state Supreme Court upheld both previous decisions in a ...

The former trustee had been forced out by a judicial opinion in April 2022.

The remaining two trustees chose to replace Brian Lipschultz

Frank Miley replaces Brian Lipschultz, who was removed last year by a Ramsey County judge.

The Minnesota Court of Appeals on Tuesday upheld the removal of Brian Lipschultz as a trustee of the Otto Bremer Trust.

Brian Lipschultz was ousted from the trust last year following a suit brought by the Minnesota Attorney Generals Office

He moved to the Twin Cities and joined the Star Tribune in 2013. Ramstad previously worked for The Wall Street Journal in Seoul, Hong Kong and Dallas, and the Associated Press in New York, Washington and Dallas and briefly at the St. Paul Pioneer Press. He grew up in Grinnell, Iowa, where he got a start in journalism at radio station KGRN.

In addition to issuing 945 charitable grants and loans last year, the St. Paul-based foundation maintains major assets such as St. Paul-based Bremer Bank, a major Midwest farm lender.