Allen v. Levey (In Re Allen)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating that § 101(16) defines “equity security” as a “share in a corporation” and includes the right to purchase shares within the definition
• commenting that “the term ‘property’ has been construed most generously as an interest that is not outside its reach because it is novel or contingent or because enjoyment must be postponed.”
• pointing to the contingent interests of a tax refund, a potential personal injury claim, a bad faith claim against an insurance company, a trust, continued payment of a non-competition agreement, entitlement to termination payments, and an attorney’s contingent fee arrangement
• “A contingency is no bar to property interest becoming property of the bankruptcy estate, even if the contingency requires additional post-petition services, and even if the right to enjoyment of the property may be defeated.”

Source: CourtListener parenthetical corpus (CC0).