Continental Casualty Co. v. Kellogg (In Re Chanel Financial, Inc.)

MEMORANDUM OPINION

HAROLD C. ABRAMSON, Bankruptcy Judge.

On 14 November 1988 Continental Casualty Company (“CCC”) and Walter Kellogg, Trustee (“Trustee”) each orally moved this Court to determine the Choice of Law issues only, recognizing that selection of the appropriate state’s substantive law is the threshold issue in CCC’s Complaint to Impose Constructive Trust.

CCC contends that Texas law should be applied because Texas has the most significant relationship to the facts of this case and the parties involved. Trustee similarly contends that Louisiana law is appropriate. While urging the…