Posted by Todd Zywicki: Asset Protection Trusts and Bankruptcy: If anyone has any actual examples of bankruptcy debtors using "asset protection trusts" to shield large amounts of assets in bankruptcy, and bankruptcy courts allowing them to do it, I would appreciate the cites to the cases. I have looked, and so far I have heard plenty of hypotheticals, but no actual cases.
Moreover, I am not looking to hear that they exist, but actual cases where a bankruptcy judge actually upholds the validity of one of these things and the judge does not take any other action, such as denial of the discharge or dismissal for a bad faith filing, as courts traditionally have done with other "hoggish" exemptions and asset-shielding. Thanks. _______________________________________________ Volokh mailing list [email protected] http://highsorcery.com/cgi-bin/mailman/listinfo/volokh
