Interworks Systems Inc. v. Merchant Financial Corp.

How courts have described this case

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

• concluding that obligations imposed by Lien Law were not in conflict with federal tax obligation
• beneficiaries “may recover the trust assets from anyone who has received the assets with knowledge of their trust status”
• “Until all trust fund beneficiaries have been satisfied, it is an unlawful diversion of trust fund assets for the contractor or owner to use any of the trust fund assets for any purpose other than satisfying the claims of beneficiaries.”

Source: CourtListener parenthetical corpus (CC0).