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· 12/3/1984

Reliance Insurance Co. v. Gagliano (In Re Gagliano)

Citations

  • 44 B.R. 259
  • 1984 Bankr. LEXIS 4507
  • 12 Bankr. Ct. Dec. (CRR) 587

How courts have described this case

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

  • failure of agent to pay the amount due in premiums collected by him pursuant to fiduciary obligations is sufficient to find defalcation
  • Debtor “acknowledge[d] the existence of the fiduciary relationship under the Illinois Insurance Code” and that “he was acting in a fiduciary capacity in collecting insurance premiums on behalf of [the insurance company].”

Source: CourtListener parenthetical corpus (CC0).

Judges: Robert L. Eisen

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.