Legal Opinion
In re Summers
District Court, N.D. Indiana
Decided March 31, 1966No. 5100PublishedCited by 5 opinions
1Opinion of the Court
GRANT, Chief Judge.
The bankrupt’s voluntary Petition claimed as exempt the cash surrender value of seven life insurance policies *114having a net cash value of $4,420.11. Five of these policies designated the bankrupt as both insured and owner, with his wife as the beneficiary. The other two policies insured the lives of bankrupt’s daughter and son, respectively, and, the parties agree, do not come within the scope of this Memorandum on the interpretation of the applicable Indiana law.
Section 70(a) (5) of the Bankruptcy Act (11 U.S.C.A. § 110) entitles the Trustee in Bankruptcy to the cash…
2Cases cited8 opinions
- Holden v. StrattonSupreme Court of the United States · 1905
- Fogel v. BangsCourt of Appeals for the Seventh Circuit · 1947
- Jason E. Pearl, Trustee in Bankruptcy of Herman Goldberg, A.K.A. Hymy Goldberg v. Herman Goldberg, BankruptCourt of Appeals for the Second Circuit · 1962
- Schwartz v. SeldonCourt of Appeals for the Second Circuit · 1945
- In Re BeckmanDistrict Court, N.D. Alabama · 1943
3 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- In Re MonahanUnited States Bankruptcy Court, D. New Hampshire · 1994
- In Re ValeUnited States Bankruptcy Court, N.D. Indiana · 1989
- Levin v. DareDistrict Court, S.D. Indiana · 1996
- In Re DavisDistrict Court, District of Columbia · 2002
- In Re GrieseUnited States Bankruptcy Court, D. Colorado · 1994