Natl Un Fire Ins PA v. U S Bank Natl Assoc

How courts have described this case

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

• holding that a judgment restoring ill-gotten gains is uninsurable under Texas law
• acknowledging that the CEO “may have been entitled to something less,” but not the full $3 million
• citation and internal 10 Case: 13-50335 Document: 00512492747 Page: 11 Date Filed: 01/08/2014 No. 13-50335 quotation marks omitted
• profit or advantage need not result from fraud or illegal conduct but rather the focus is whether the actor was “not legally entitled” to such profits or advantage
• “To measure reasonably equivalent, value, we judge the consideration given for a transfer from the standpoint of creditors. ... The proper focus is the net effect of the transfers on the debt- or’s'estate, [and] the funds available to the unsecured creditors.”
• the amounts are compiled from amounts listed in the Agreement

Source: CourtListener parenthetical corpus (CC0).