- 11 U.S.C.
West v. TD BankNorth (In re Kerr)
Apr
22
2008
Ruling
Debtors interests in valid and enforceable spendthrift trusts were not property of the estate.
Procedural posture
Plaintiff bankruptcy trustee brought an adversary proceeding against defendant bank, which was the trustee of trusts of which a bankruptcy debtor was a beneficiary, and the trustee asserted that the debtor's interests in the trusts were property of the debtor's bankruptcy estate. The trustee and the bank submitted the matter for decision on stipulated facts.
ABI Membership is required to access the full summary of West v. TD BankNorth (In re Kerr) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: