In Re: Thomas O. Oakley, Debtor-Appellee. Appeal Of: Daniel L. Freeland, Trustee

How courts have described this case

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

• supporting assertion funds in bank are subject to physical loss by finding funds in banks are interchangeable with cash and tangible
• \[T]hings that are interchangeable should normally be treated the same by the law in order to prevent evasion through easy substitution.\
• district court order that overturned bankruptcy court’s order sus- taining trustee’s objection was final and appealable be- cause “it definitely adjudicated the debtor’s entitlement to a definite amount of money”
• § 522 lets debtors shelter from creditors property exempt under Illinois law
• “[M]oney in whatever form — whether cash or an invisible, a disembodied, financial asset — is a medium of exchange rather than 27 a useful good (with the irrelevant exception of money that has become a collector’s item)”
• “The adjudication [of debtor’s entitlement to cash 3 While the trustee also sought turnover of certain tax refunds and bank accounts, Skomars did not object to those requests in the bankruptcy court or on appeal. (See dkt. #1-1, at 2.

Source: CourtListener parenthetical corpus (CC0).