· 2/16/1995
Taylor Associates v. Diamant (In Re Advent Management Corp.)
Citations
- 178 B.R. 480
- 95 Daily Journal DAR 10590
- 1995 Bankr. LEXIS 346
- 1995 WL 126290
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- noting that a third party’s benefitting from a constructive trust predicates itself upon a successful assertion of that trust relationship by the beneficiary, and particularly, the beneficiary’s not having waived or compromised its rights
- describing 21 need for court determination of constructive trust’s existence; 22 but noting that in Unicom, the act of litigating the defense 23 established the existence of the constructive trust
- the grant of partial summary judgment is an interlocutory order; it will be merged into any final judgment and may be appealed at that time
- the grant of partial summary judgment is an interlocutory order; it will be merged into any final judgment and may be appealed at that time
- “A constructive’ trust is a remedy; as such, it is inchoate until its existence is established by court order.”
- “it does not end the matter for a court to find that state law would impose a constructive trust over certain property; the constructive trust will not be given effect if it is against the federal bankruptcy policy”
Source: CourtListener parenthetical corpus (CC0).
Judges: Hagan, Meyers, Volinn
Read full opinion on CourtListenerSourced 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.