Archive by Month: April 2019

Recent Case Law: Contesting Discharge for Trust Fund Violations

By John V. Burch April 3, 2019 Articles

Indemnity Agreements typically contain a trust provision stating that contract funds received are trust funds. A recent bankruptcy case out of Florida analyzed whether that language was enough to create a trust, and if so, whether a violation of that trust might bar discharge of an individual indemnitor’s debts in bankruptcy. Read More