MATTER OF CAROLIN PAXSON ADVERTISING, INC.

No. 90-8675 Summary Calendar.

938 F.2d 595 (1991)

Matter of CAROLIN PAXSON ADVERTISING, INC., Debtor. TEXAS COMMERCE BANK — EL PASO, NATIONAL ASSOCIATION, Appellant, v. MARSH MEDIA OF EL PASO d/b/a KVIA-TV and KINT-TV, Appellees.

United States Court of Appeals, Fifth Circuit.

August 13, 1991.


Attorney(s) appearing for the Case

Corey W. Haughland, Grambling & Mounce, El Paso, Tex., for appellant.

Charles Addison Beckham, Jr., James W. Brewer, Kemp, Smith, Duncan & Hammond, El Paso, Tex., for Marsh Media of El Paso.

Hal F. Morris, Scott & Hulse, El Paso, Tex., for KINT-TV.

Before JOLLY, HIGGINBOTHAM, and JONES, Circuit Judges.


EDITH H. JONES, Circuit Judge:

The issue in this case is whether the bankruptcy court properly imposed a constructive trust on certain assets held by a Chapter 7 debtor. Finding that Appellees were not entitled to this equitable remedy, we reverse and remand.

I.

Carolin Paxson Advertising, Inc. ("Paxson") was an advertising agency in El Paso, Texas for approximately fifteen years. Paxson served its clients...

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