Downey v. Humphreys

How courts have described this case

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

• describing the obligation to pay money as a debt and stating that “[a] debt is not a trust” and does not create a fiduciary relationship
• citing, in part, RESTATEMENT OF Trusts § 12 cmts. b, g (1935); Restatement of Agency § 378 cmt. c, § 72 cmt. c (1933) (contrasting debtor/creditor relationship with those of trust and agency)
• “A debt is not a trust and there is not a fiduciary relation between debtor and creditor as such.”

Source: CourtListener parenthetical corpus (CC0).