Schwab v. Franklin U.S. Government Securities Series (In Re Johnson)

OPINION

JOHN J. THOMAS, Bankruptcy Judge.

The Trustee, William Schwab, has filed a Complaint against Franklin U.S. Government Securities Series — Class A and Franklin Templeton Corporate Services, Inc., (“Franklin”), seeking turnover of a jointly owned fund titled in the name of the Debtor, Cynthia A. Johnson, and her mother, Mary Bollman. Mary Bollman has intervened in the lawsuit claiming that the fund in question, approximately $70,000 in securities, is solely her monies and is titled jointly as a matter of convenience. The Intervenor argues that the Court is bound by the Uniform…