An Arkansas judge dismissed Logan Riffenburg's appeal against the sale of a property he co-owned with his ex-wife, Vanessa Roper, after she filed for bankruptcy. The Mountain View property was purchased in 2021 by the couple, but following their divorce a year later, each retained a 50% interest in the land. In 2023, Roper and her new husband filed for bankruptcy, and the trustee obtained permission to sell her share to Blue Sun Capital LLC, an investment firm. [1]
The U.S. Court of Appeals for the Tenth Circuit rejected Riffenburg’s appeal, ruling that he had not challenged the good faith of the purchaser (Blue Sun Capital) before the initial bankruptcy court, despite objecting to the sale. A 2001 precedent set by the same circuit requires that objections to a buyer’s good faith be raised initially, not on appeal. The court noted that although there is no genuine dispute over the buyer’s good faith in this case, the absence of an explicit finding by the bankruptcy court on this issue raised concerns about consistency with prior precedent. [1]
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