Global Express Money Orders, Inc. v. Davis (In Re Davis)

How courts have described this case

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

• holding that a debtor acted in a fiduciary capacity to a creditor under trust agreement by virtue of the debtor’s position as a major shareholder, director and president, of the corporate signatory to trust
• holding that a debtor acted in a fiduciary capacity to a creditor under a trust agreement by virtue of the debtor’s position as a major shareholder, director and president, of corporate signatory to trust
• “noting that [t]he director or officer who negligently causes the breach of trust is 'personally liable to the beneficiaries for the loss.' ”

Source: CourtListener parenthetical corpus (CC0).