Federal Case

How courts have described this case

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

• recognizing that a bankruptcy estate holds trust property subject to the outstanding interest of the beneficiaries
• recognizing that a bankruptcy estate holds trust property subject to the outstanding interest of the beneficiaries
• applying Rule 8 to a crossclaim asserted pursuant to Rule 13(g)
• creditor has cause of action against trustee personally for harms caused to creditor by trustee’s intentional violation of fiduciary duty
• “mere comingling of the trust property with other property of the bankrupt corporation ... does not defeat [trust beneficiary’s] claim”
• After commingling, if all the money is withdrawn, the trust fund is treated as lost, even though later deposits are made into the account.

Source: CourtListener parenthetical corpus (CC0).