Legal Opinion

Turner v. Marshack (In Re Turner)

United States Bankruptcy Appellate Panel for the Ninth Circuit

Decided August 25, 1995No. BAP No. CC-93-2289-OVRi. Bankruptcy No. SA-92-22835-JWPublishedCited by 22 opinions

1Opinion of the Court

OPINION

OLLASON, Bankruptcy Judge:

This appeal concerns Debtors’ claimed exemption of an annuity. The bankruptcy court sustained the objection of the bankruptcy trustee to the claimed exemption, citing In re Pikush, 157 B.R. 155 (9th Cir.BAP 1993), aff'd, 27 F.3d 386 (9th Cir.1994).2 Debtors timely appealed the court’s final order entered on November 1, 1993. We Remand.

PACTS AND PROCEDURE BELOW

Stephen and Pamela Turner (“Debtors”) filed under Chapter 7 of the Bankruptcy Code,3 on November 20,1992, and claimed an annuity 100 percent exempt either as an unmatured life insurance policy or as a…

2Cases cited20 opinions

  1. Nationsbank of North Carolina, N. A. v. Variable Annuity Life InsuranceSupreme Court of the United States · 1995
  2. Helvering v. Le GierseSupreme Court of the United States · 1941
  3. Securities & Exchange Commission v. Variable Annuity Life InsuranceSupreme Court of the United States · 1959
  4. Board of Assessors of the Parish v. New York Life InsuranceSupreme Court of the United States · 1910
  5. In Re Frank James Hill, Sally Ann Hill, D/B/A Universal Life Church, Debtors. Robert W. Myers, Trustee v. Joel C. ShekterCourt of Appeals for the Ninth Circuit · 1985

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3Cited by22 opinions

  1. Gertsch v. Johnson & Johnson, Finance Corp. (In Re Gertsch)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1999
  2. Simson v. Burkart (In Re Simpson)Court of Appeals for the Ninth Circuit · 2009
  3. In Re Muriel Nash Reaves, Fka Muriel Adams Reaves, Debtor. William Little v. Muriel Nash ReavesCourt of Appeals for the Ninth Circuit · 2002
  4. Sticka v. Applebaum (In Re Applebaum)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2009
  5. Coughlin v. Cataldo (In Re Cataldo)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1998

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