Legal Opinion
Larson v. Cameron (In Re Larson)
United States Bankruptcy Court, D. North Dakota
Decided October 2, 1992No. 19-30021PublishedCited by 8 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
WILLIAM A. HILL, Bankruptcy Judge.
By complaint filed on April 28, 1992, the Plaintiff/Debtor, Raymond Larson, alleges that his options to purchase 10,000 shares of High Plains Corporation (HPC) stock issued to him are compensation for his services as a director of HPC. As such, the stock options are wages and therefore excluded from the property of the estate pursuant to 11 U.S.C. § 541(a)(6). The trustee disagrees and asserts that the stock options are not wages, but are contractual rights Larson acquired prior to his bankruptcy filing.
Trial was held on September 8, 1992.…
2Cases cited14 opinions
- Owen v. OwenSupreme Court of the United States · 1991
- Segal v. RochelleSupreme Court of the United States · 1966
- In Re Atlantic Business and Community CorporationCourt of Appeals for the Third Circuit · 1990
- In Re Edward R. Fitzsimmons, Debtor. Edward R. Fitzsimmons v. Edward M. Walsh, Trustee, and Official Creditors' CommitteeCourt of Appeals for the Ninth Circuit · 1984
- In Re Franklin J. Garner, Jr., Debtor. Frank Garner, Margie Garner v. Bruce Strauss, TrusteeCourt of Appeals for the Eighth Circuit · 1991
9 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Allen v. Levey (In Re Allen)United States Bankruptcy Court, N.D. Illinois · 1998
- In Re HarpUnited States Bankruptcy Court, N.D. Alabama · 1993
- DeNadai v. Preferred Capital Markets, Inc.District Court, D. Massachusetts · 2001
- In Re LawtonUnited States Bankruptcy Court, M.D. Florida · 2001
- Roland v. UNUM Life Insurance Co. of AmericaDistrict Court, E.D. Virginia · 1998
3 more not listed; retrieve them via the Exa API.