Bremer Bank sale lawsuit to go forward, Ramsey County judge rules
The judge neither approved nor denied the sale of controlling interests in Bremer Bank to 19 hedge funds.
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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