Colorado, February 20, 2007, Case law by lexisONE(R)

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State Courts - Colorado - February 20, 2007

Alexander v. Anstine, Case No. 05SC367, SUPREME COURT OF COLORADO, February 20, 2007, Decided
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Overview: A Chapter 7 trustee lacked standing under 11 U.S.C.S. § 544(a) to pursue a claim that the corporate attorneys aided and abetted a breach of fiduciary duty where the trustee did not argue that the debtor's president's warehousing scheme had favored his own interests to defeat creditors' claims, thereby breaching his limited fiduciary duty.

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