- 11 U.S.C.
LTF Real Estate Co. v. Expert S. Tulsa LLC (In re Expert S. Tulsa LLC)
Aug
29
2011
Ruling
Funds held in escrow for creditor purchaser in real estate transaction were not property of the estate.
Procedural posture
Plaintiff creditor filed a declaratory judgment action, seeking a determination that funds in an escrow account were not property of the estate under 11 U.S.C.S. § 541, that it was entitled to a disbursement of the escrow funds, and that it could exercise the remedy of self- help under the terms of the escrow agreement.
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Court
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