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Trustee - Law Dictionary Search Results

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debtor in possession

in possession of an estate during chapter 11 or 12 bankruptcy and has the same duties as a trustee in bankruptcy

deed

an instrument securing a debt in which a debtor conveys the legal ownership of real property to a trustee to be held in trust for the benefit of the creditor or to be sold upon the debtor's

duty

shareholders (as by self-dealing or fraud) fiduciary duty : a duty obligating a fiduciary (as an agent or trustee) to act with loyalty and honesty and in a manner consistent with the best interests of the beneficiary

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earmarking doctrine

to a debtor to enable the debtor to pay off a specified creditor cannot be avoided by the trustee as a preference since the debtor never actually had control of the funds and the transfer does not

equity

justice in accordance with equity [ treats a devisee who procures a will by fraud as a constructive trustee "W. M. McGovern, Jr. et al."] ;also : justice in accordance with natural law c : a court

ex maleficio

arising from a misdeed] : arising from wrongdoing : created by law in response to a wrongdoing [a trustee ex maleficio]

subrogate

: substitute (as a second creditor) for another with regard to a legal right or claim [s the trustee to the priority and avoidance rights of certain unsecured creditors "J. J. White and R. S. Summers"] [the

company

provides surety bonds for a fee trust company : a company and often a commercial bank acting as trustee for individuals and businesses and providing related financial or estate planning services

syndic

assistant, advocate, from syn- together with + dikē right, judgment] in the civil law of Louisiana : a trustee of property owned by an insolvent or bankrupt debtor

Crime

102, but not if the contempt is the mere non-compliance with an order made in civil proceedings, Church's Trustee v. Hibbard, (1902) 2 Ch 784. A crime, is an act deemed by law to be harmful to

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