MCZ, Inc. v. Andrus Resources, Inc. (In Re MCZ, Inc.)

How courts have described this case

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

• holding that debtor's possessory interest in funds on deposit constituted property of estate
• finding debtor oilfield operator was a bailee by agreement with working interest owners and had escrowed funds for royalty holders in account for sale proceeds
• “[w]here Debtor merely holds bare legal title to property as agent or bailee for another, Debtor’s bare legal title is of no value to the estate, and Debtor should convey the property to its rightful owner’

Source: CourtListener parenthetical corpus (CC0).