Schacht v. Kunimune
Alaska Supreme Court
1Opinion of the Court
WINFREE, Justice.
I. INTRODUCTION
A son opened joint checking and savings accounts with his father. A few years later the son was injured in a car accident, settled his claim against the other driver, and deposited the settlement check into his joint savings account. A creditor of the father later levied the joint accounts and obtained approximately $ 90,000-essentially all of it traceable to the son's settlement money-in partial satisfaction of the creditor's judgment against the father. The son intervened in the collection action, arguing that the money should be returned to him because he…
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- Fairbanks North Star Borough v. Tundra Tours, Inc.Alaska Supreme Court · 1986
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