Legal Opinion
Haddad v. Chubb (In Re Haddad)
United States Bankruptcy Appellate Panel for the Ninth Circuit
Decided November 18, 1981No. BAP NV-81-1053-VKLPublishedCited by 2 opinions
1Opinion of the Court
OPINION
VOLINN, Bankruptcy Judge:
The debtor, Thomas R. Haddad, 9 B.R. 368 (Bkrtcy.D.Nev.) appeals a decision of the court below denying his claims of exemption to some $400,000 of life insurance proceeds.
On commencement of this chapter 7 case, Haddad retained said balance of the lump sum cash settlement paid him as beneficiary of a life insurance policy taken out by him on the life of his brother. 1 The exemption claim is based on a contention that § 10171 of the California Insurance Code authorizes the insured to provide that proceeds payable to the beneficiary should not be subject to claims…
2Cases cited5 opinions
- Medical Finance Ass'n v. RamboCalifornia Court of Appeal · 1938
- Booth v. ProppSupreme Court of Iowa · 1932
- California United States Bond & Mortgage Corp. v. GrodzinsCalifornia Court of Appeal · 1934
- In re HaddadUnited States Bankruptcy Court, D. Nevada · 1981
- Snyder v. SwensonAppellate Division of the Superior Court of California · 1957
3Cited by2 opinions
- Haddad v. Haddad (In Re Haddad)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1982
- In Re BowerUnited States Bankruptcy Court, D. Nevada · 1999