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IN RE BAYDUSH

No. 2:94cv480.

171 B.R. 953 (1994)

In re Jerry D. BAYDUSH, Debtor. Alexander P. SMITH, Trustee, Plaintiff/Appellant/Cross-Appellee, v. Jerry D. BAYDUSH, Nationsbank, N.A., Defendants/Appellees/Cross-Appellants.

United States District Court, E.D. Virginia, Norfolk Division.

September 15, 1994.

Attorney(s) appearing for the Case

Alexander P. Smith, Sheryl Lee Brindle, Alexander P. Smith & Associates, P.C., Norfolk, VA, for plaintiff/appellant/cross-appellee.

Peter S. Lake, Heilig, McKenry, Fraim & Lollar, Norfolk, VA, for defendants/appellees/cross-appellants.

OPINION

REBECCA BEACH SMITH, District Judge.

This matter comes before the court pursuant to 28 U.S.C. § 158(a) on appeal from the order and memorandum opinion of the United States Bankruptcy Court for the Eastern District of Virginia, entered April 11, 1994. In its memorandum opinion, the bankruptcy court held that the $500,000.00 limit on spendthrift trusts, established by Virginia Code section 55-19, applies to each beneficiary's trust estate...

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