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IN RE ALAM

No. 05-8091.

359 B.R. 142 (2006)

In re Shah M. ALAM and Nuzhat M. Alam, Debtors. Richard A. Baumgart, Chapter 7 Trustee, Plaintiff-Appellant, v. Shah M. Alain and Nuzhat M. Alam, Defendants-Appellees.

United States Bankruptcy Appellate Panel of the Sixth Circuit.

Decided and Filed: December 29, 2006.

Attorney(s) appearing for the Case

Richard A. Baumgart, Lisa A. Vardzel, Dettelbach, Sicherman & Baumgart, Cleveland, OH, for Appellant.

Stephen D. Hobt, Cleveland, OH, for Appellees.

Before: AUG, GREGG, and SCOTT, Bankruptcy Appellate Panel Judges.

OPINION

AUG, Chief Judge.

The chapter 7 trustee ("Appellant") appeals an order of the bankruptcy court overruling his objection to the debtors' claim of exemption. The bankruptcy court held that Shah M. Alam's investment funds originating from a settlement of litigation against his disability insurance carrier were exempt in their entirety. For the reasons set forth below, we affirm the bankruptcy court's decision insofar as it finds that the investment...

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