United States Bankruptcy Appellate Panel for the Eighth Circuit August 8, 2002, 01-6086WM (Brink v. Payless Cashways, Inc. (In Re Payless Cashways, Inc.))

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United States · · · 08-08-2002

KRESSEL, Bankruptcy Judge.

Steve Brink appeals from the bankruptcy court order

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approving the sale of real property to him for $1.7 million. The

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price approved by the bankruptcy court was $191,000 higher than Brink had previously bid under a non-judicial, sealed bid procedure conducted by the debtor’s real estate broker. We affirm.

BACKGROUND

The material facts are not in dispute.

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