Anderson v. Architectural Glass Construction, Inc. (In Re Pfister)

I agree with the district court that there was a resulting trust in favor of Architectural Glass Construction (“AGC”). Under South Carolina law, a resulting trust is an equitable remedy designed “to effectuate the intent of the parties in certain situations where one party pays for property, in whole or in part, that for a different reason is titled in the name of another.” Bowen v. Bowen, 352 S.C. 494, 575 S.E.2d 553, 556 (2003). Here, there is a resulting trust in favor of AGC because the testimony re*301garding the intent of the parties is that Mrs. Pfister had mere legal title and that AGC is…