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· 12/2/1983

Trevor Steel Co. v. Eisner (In Re Eisner)

Citations

  • 35 B.R. 86
  • 1983 Bankr. LEXIS 4910

How courts have described this case

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

  • corporate officer who was in a position to divert payments from a lockbox account was held to be acting in a fiduciary capacity
  • in the face of communicated creditor concern over late payments, debtor diverted the funds while concurrently assuring creditor that payments forthcoming
  • without offering reasoning the court stated that, “There is no question in the Court’s mind that the debtor was acting in a fiduciary capacity ... when he was diverting the moneys ... from the lock box account ... ”

Source: CourtListener parenthetical corpus (CC0).

Judges: Ray

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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.