Legal Opinion
Turoff v. McCaslin
Texas Court of Appeals, 10th District (Waco)
Decided March 21, 2007No. 10-04-00144-CVPublishedCited by 2 opinions
1Opinion of the Court
OPINION
TOM GRAY, Chief Justice.
While ProMedCo was in bankruptcy, some of the entities and other persons interested in the bankruptcy entered into an agreement to contribute causes of action they had in connection with the downfall of ProMedCo to a litigation trust. A Litigation Trust Agreement was initiated and included in the bankruptcy court’s Confirmation Order. One function of the Litigation Trust Agreement was to designate how proceeds obtained on behalf of the beneficiaries would be divided.
Steven S. Turoff, as trustee of the Pro-MedCo Recovery Trust, initiated litigation on behalf of…
2Cases cited18 opinions
- Valence Operating Co. v. DorsettTexas Supreme Court · 2005
- Hines v. DavidowitzSupreme Court of the United States · 1941
- Florida Lime & Avocado Growers, Inc. v. PaulSupreme Court of the United States · 1963
- Fidelity Federal Savings & Loan Ass'n v. De La CuestaSupreme Court of the United States · 1982
- Hillsborough County v. Automated Medical Laboratories, Inc.Supreme Court of the United States · 1985
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