MATTER OF SWIFT

No. 96-50917.

129 F.3d 792 (1997)

In the Matter of: David Marvin SWIFT, doing business as State Farm Insurance Companies, Debtor. STATE FARM LIFE INSURANCE COMPANY, Appellant, v. David Marvin SWIFT, Appellee.

United States Court of Appeals, Fifth Circuit.

December 8, 1997.


Attorney(s) appearing for the Case

Laurie A. Weiss, Fulbright & Jaworski, San Antonio, TX, for Appellant.

Robert E. Golden, Charles M. Jefferson, San Antonio, TX, for Appellee.

Before WISDOM, JOLLY and EMILIO M. GARZA, Circuit Judges.


WISDOM, Circuit Judge:

This bankruptcy case presents a complex issue of ownership of causes of action against the State Farm Insurance Co. (State Farm) for its alleged negligence and breach of fiduciary duty that resulted in the loss of a bankruptcy exemption claimed by David Swift, the debtor. We hold that the causes of action became property of the bankruptcy estate but are exempt under Tex. Prop.Code § 42.0021. We AFFIRM the district court's decision.

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