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181134P.pdf   12/28/2018  David Oetting  v.  David Sosne
   U.S. Court of Appeals Case No:  18-1134
   U.S. District Court for the Eastern District of Missouri - St. Louis   
[PUBLISHED] [Loken, Author, with Benton and Shepherd, Circuit Judges] Civil case - Multi-district Litigation in In Re BankAmerica Corp. Sec. Litig. For related litigation, see Oetting v. Norton, 795 F.3d 886 (8th Cir. 2015). In appeal by a class representative regarding the dismissal of an unsecured creditor claim and amended claim he filed in the pending Chapter 7 bankruptcy proceedings of the lead class counsel, a claim for unreturned cy pres distribution was no longer in issue; a claim that the firm had negligently supervised the fund distribution was time-barred; the bankruptcy court erred in concluding that a claim for disgorgement was barred by Missouri's five-year statute of limitations; however, the bankruptcy court did not err in disallowing this claim because no disgorgement had been ordered in the MDL action and therefore the bankruptcy claim is premature and lacks supporting foundation; to assure a prompt resolution of the case and compliance with the court's mandate in In Re BankAmerica Corp. Sec. Litig. 775 F.3d 1060 (8th Cir. 2105), the bankruptcy court is directed to take certain actions; reversed and remanded to the district court with instructions to remand to the bankruptcy court for further proceedings.