Korneff v. Downey Regional Medical Center-Hospital, Inc. (In Re Downey Regional Medical Center-Hospital, Inc.)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
OPINION
NOVACK, Bankruptcy Judge.
Appellant Allen Korneff (“Korneff’) appeals from an order approving a stipulation between debtor Downey Regional Medical Center-Hospital, Inc. (“Downey”) and ING Life Insurance and Annuity Company (“ING”) regarding turnover of more than $1.6 million that Downey had deposited with ING (“ING account”) pursuant to a deferred compensation plan. Korneff, Downey’s former CEO and a participant in the plan, objected to the stipulation and asserted that approximately $1.4 million in the ING account belonged to him, rather than Downey’s bankruptcy estate. Rejecting…
2Cases cited18 opinions
- Singleton v. WulffSupreme Court of the United States · 1976
- Dependahl v. Falstaff Brewing Corp.Court of Appeals for the Eighth Circuit · 1981
- Patrick Demery v. Extebank Deferred Compensation Plan (B)Court of Appeals for the Second Circuit · 2000
- In Re It Group, Inc.Court of Appeals for the Third Circuit · 2006
- McHugh v. United Service Automobile Ass'nCourt of Appeals for the Ninth Circuit · 1999
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