Wiglesworth v. Taylor

The primary issues in this appeal are: (1) whether the two-year statute of limitations contained in § 11 (e) of the Bankruptcy Act of 1898 1 bars a suit by a trustee in bankruptcy to recover post-bankruptcy distributions to a bankrupt trust beneficiary by co-trustees of a testamentary trust; (2) whether the co-trustees are entitled to reimbursement from the trust for attorney’s fees and costs incurred in defending such distributions; and (3) whether the bankrupt must repay the co-trustees for any improper distributions to him.

On December 14, 1977, Welford Wiglesworth, Jr. filed a voluntary…