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Moser v. Bank of Texas (In re Chambers)

Moser v. Bank of Texas (In re Chambers)

Ruling
Assets in spendthrift trust not subject to turnover.
Procedural posture

Chapter 7 trustee filed an adversary proceeding against defendants, a chapter 7 debtor, a bank, and a trust beneficiary, seeking an order under 11 U.S.C.S. § 542(a) requiring the bank to turn over assets it held in a trust the debtor's grandfather created. The bank opposed the trustee's action.

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Consumer opinion summary, case decided on February 25, 2008 , LexisNexis #0608-096