Forman v. Apfel

How courts have described this case

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

• recognizing that certification is appropriate when a federal court is presented with a “novel and complex question of state law”
• “The trustee…has a fiduciary obligation to conserve the assets of the estate and to maximize distribution to creditors.”
• under 26 business judgment rule “[a] bankruptcy or organization trustee 27 has a duty to exercise that measure of care and diligence that 28 an ordinary prudent person would exercise under similar -12- 1 circumstances.”
• under 26 business judgment rule “[a] bankruptcy or organization trustee 27 has a duty to exercise that measure of care and diligence that 28 an ordinary prudent person would exercise under similar -12- 1 circumstances.”
• trustee liable for negligence in business judgment

Source: CourtListener parenthetical corpus (CC0).