Ketchikan Shipyard, Inc. v. Anchorage Nautical Tours, Inc. (In Re Anchorage Nautical Tours, Inc.)

How courts have described this case

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

• holding a pre-petition agreement to assign insurance proceeds in exchange for repairs constituted an effective assignment, valid against interests of the debtor’s estate
• holding that upon assignment, assignor's rights were fully extinguished so that if assignor later received proceeds of assigned rights, assignor held them in constructive trust for assignee, and that assignee’s rights would be superior even to subsequent judicial lienor
• prepetition oral assignment of insurance proceeds effective against subsequent lienholders and bankruptcy estate
• prepetition oral assignment of insurance proceeds effective against subsequent lienholders and bankruptcy estate
• prepetition oral assignment of insurance proceeds effective against subsequent lien-holders and bankruptcy estate

Source: CourtListener parenthetical corpus (CC0).