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Springel v. Prosser (In re Prosser)

Springel v. Prosser (In re Prosser)

Ruling
Constructive trust imposed on debtor's property deemed subject to turnover.
Procedural posture

The chapter 11 trustee (Trustee 11) for Company and the chapter 7 trustee (Trustee 7) for debtor husband, citing 11 U.S.C.S. § 542, sought orders for turnover against various family members, including the wife, of various items of property claimed by either one or both of the trustees to be the property of their respective estates per 11 U.S.C.S. § 541. A motion to stay proceedings was also before the court.

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Consumer opinion summary, case decided on February 09, 2011 , LexisNexis #0311-018