BF Farnell Company v. Monahan

How courts have described this case

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

• holding that funds a contractor receives in payment for work performed under contract are trust funds held for benefit of materi-almen and such funds do not constitute a part of the contractor’s bankruptcy estate
• holding that a contractor who has not paid materialman holds funds received in payment for work performed under contract as trust fund for benefit of materialman and such funds do not constitute part of contractor’s estate
• holding that a contractor who has not paid materialman holds funds received in payment for work performed under contract as trust fund for benefit of materialman and such funds do not constitute part of contractor’s estate
• holding that debts under the Act survive bankruptcy proceedings
• holding that debts under the Act survive bankruptcy proceedings
• “When a statute provides a beneficial right but no civil remedy for its securance, the common law on its own hook provides a remedy, thus fulfilling law’s pledge of no wrong without a remedy.”

Source: CourtListener parenthetical corpus (CC0).