Legal Opinion

In Re Spenlinhauer

United States Bankruptcy Court, D. Maine

Decided May 17, 1995No. 19-20139PublishedCited by 11 opinions

1Opinion of the Court

MEMORANDUM OF DECISION

JAMES B. HAINES, Jr., Bankruptcy Judge.

Submitted for decision on a stipulated record is the question whether the debtor’s one-third beneficial interest in the JRS Realty Trust of Maine (“the Trust”) is excluded from his bankruptcy estate under § 541(c)(2) of the Code. For the reasons set forth below, I conclude that the interest is within the estate because the Trust’s transfer restrictions are not enforceable under applicable nonbankruptcy law. 1

Procedural Posture

Robert J. Spenlinhauer (“Robert” or “debtor”) voluntarily filed for relief under Chapter 11 of the…

2Cases cited25 opinions

  1. United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
  2. Taylor v. Freeland & KronzSupreme Court of the United States · 1992
  3. Patterson v. ShumateSupreme Court of the United States · 1992
  4. Robert A. Mercer, Jr., Debtor v. Jason Monzack, EsquireCourt of Appeals for the First Circuit · 1995
  5. Electrical Workers, Local No. 1 Credit Union v. IBEW-NECA Holiday Trust FundSupreme Court of Missouri · 1979

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3Cited by11 opinions

  1. Butler v. Candlewood Road Partners, LLC (In re Raymond)United States Bankruptcy Court, D. Massachusetts · 2015
  2. Deborah Menotte v. Jane McLean BrownCourt of Appeals for the Eleventh Circuit · 2002
  3. Marrama v. Degiacomo (Marrama)Bankruptcy Appellate Panel of the First Circuit · 2004
  4. Aylward v. Landry (In Re Landry)United States Bankruptcy Court, D. Massachusetts · 1998
  5. Sattin v. Brooks (In Re Brooks)United States Bankruptcy Court, D. Connecticut · 1998

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