In Re Elizabeth Hayes Lucas, Debtor. Jane B. Forbes, Trustee v. Elizabeth Hayes Lucas, Holiday Corporation Savings and Retirement Plan

How courts have described this case

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

• reversing the District Court’s affirmance of summary judgment in favor of the Chapter 7 Trustee based on the retirement funds being property of the estate
• preventing disqualification and loss of tax exempt status is a “favorable” result
• “[Pjroperty of a debtor falling within the definition of this exception [for a valid spendthrift trust] is excluded from the bankruptcy estate.”
• anti-alienation provisions of ERISA, if enforceable against general creditors, are enforceable against a bankruptcy trustee, thus excluding ERISA-qualified funds from the estate

Source: CourtListener parenthetical corpus (CC0).