Type: Amicus
Date: February 26, 2021
Description: Whether chapter 7 trustee abandons cause of action asset under section 554(c) when the cause of action is fully disclosed and he determines that it lacks value to the estate, but the debtors listed the asset in their SOFA rather than in their schedules.
Result: Judgment affirmed, Oct. 19, 2021.
Stevens v. Whitmore, No. 20-60044 (9th Cir.)
Posted: March 1, 2021