1. Home
  2. Browse Decisions
  3. B.R.
  4. 479 B.R.
  5. 479 B.R. 67 (2012)
 

IN RE REYNOLDS

BAP No. CC-11-1433-HPaD. Bankruptcy No. 09-14039. Adversary No. 09-01205.

479 B.R. 67 (2012)

In re Rick H. REYNOLDS, Debtor. Sandra Bendon, Chapter 7 Trustee, Appellant, v. Rick H. Reynolds; John M. Carmack, Co-Trustee of the Reynolds Family Trust and Co-Trustee of the Reynolds Family Trust-Survivor's Trust, as amended; John Morris, Co-Trustee of the Reynolds Family Trust and Co-Trustee of the Reynolds Family Trust-Survivors Trust, as amended, Appellees.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided August 24, 2012.

Attorney(s) appearing for the Case

Jesse S. Finlayson , of Finlayson Williams Toffer Roosevelt & Lilly LLP, argued for the Appellant.

Before: HOLLOWELL, PAPPAS and DUNN, Bankruptcy Judges.

OPINION

HOLLOWELL, Bankruptcy Judge.

The bankruptcy court granted the debtor's summary judgment motion, concluding that the bankruptcy estate was entitled to no more than 25% of the debtor's beneficiary interest in a spendthrift trust. The chapter 7 trustee appealed. For the reasons explained below, we AFFIRM.

I. FACTS

In 2005, Rick Reynold's (the Debtor's) parents, Freddie Hugo Reynolds (Freddie) and Patsy R. Reynolds (Patsy), established...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases