In re Leskosky (01-55313)

Chapter 7 debtor claimed as exempt his stock in several corporations. Debtor listed the value of the claimed exemption as $10. The trustee was concerned that the stock may increase in value and argued that the exemption should be limited to the amount claimed, $10. The Court rejected the trustee's argument that the trustee should be entitled to any post-petition appreciation in value of the stock.

Tuesday, December 17, 2002