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IN RE MULVIHILL

No. 2-05-02070-PHX-CGC.

326 B.R. 459 (2005)

In re James A. MULVIHILL, Teresa Kay Mulvihill, Debtors.

United States Bankruptcy Court, D. Arizona.

June 22, 2005.

Attorney(s) appearing for the Case

Terry A. Dake, Terry A. Dake, Ltd., Phoenix, AZ, for trustee.

Kirk Trompeter, Trompeter, Schiffman, Petrovits, Friedman & Hulse, LLP, Phoenix, AZ, for Debtors.

UNDER ADVISEMENT DECISION RE: OBJECTION TO EXEMPTIONS

CHARLES G. CASE, II, Bankruptcy Judge.

At issue is the Trustee's objection to an exemption Debtors claim in potential proceeds from a pending state court lawsuit they have against Mark Tapley, Debtor Teresa Mulvihill's former employer. In particular, Debtors list as exempt, pursuant to Arizona Revised Statute ("A.R.S.") section 33-1131(B) and 15 U.S.C. section 1673, seventy-five percent (75%) of "approximately...

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