Cassirer v. Herskowitz (In Re Schick)

How courts have described this case

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

• “Proof of a trust or escrow ... is not enough”; the beneficiary “must also trace the payments to the true or equitable owners.”
• “Proof of a trust or escrow ... is not enough”; the beneficiary “must also trace the payments to the true or equitable owners.”
• “If a debtor holds only legal title to the property, that is all that vests in the estate.”
• “New York law does not grant a trust creditor a preference over general creditors merely because he is a trust creditor.”
• “Under New York law, the beneficiary of trust funds deposited into a commingled account must identify or trace his funds to retain his priority over unsecured creditors.”

Source: CourtListener parenthetical corpus (CC0).