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← 424 BR 770 - In Re Olson

In Re Olson’s Empirical Analysis

2010

Citation profile

3
cited by 3 later decisions
March 2019
most recently cited

Relationships

Applies 11 U.S.C. § 522 · 11 U.S.C. § 541

Relies on Butner v. United States · Wallerstedt v. Sosne · Kleinfeldt v. Russell (In Re Kleinfeldt) · 209 Mich. App. 623 - Danielson v. Lazoski · Carlson v. Moratzka (In Re Carlson)

Most-quoted passages

The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 3 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

  1. “(1) Any authorized life insurer shall have power to hold the proceeds of any life or endowment insurance or annuity contract issued by it (a) upon such terms and restrictions as to revocation by the insured and control by beneficiaries; (b) with such exemptions from legal process and the claims of creditors of beneficiaries other than the insured; and (c) upon such other terms and conditions, irrespective of the time and manner of payment of said proceeds, as shall have been agreed to in writing by such insurer and the insured or beneficiary. ... (3) Any life or endowment insurance or annuity contract issued by a domestic, foreign or alien insurer may provide that the proceeds thereof or payments thereunder shall not be subject to the claims of creditors of any beneficiary other than the insured or any legal process against any beneficiary other than the insured; and if the said contract so provides, the benefits accruing thereunder to such beneficiary other than the insured shall not be transferable nor subject to commutation or encumbrance, or to process.”
    1 later decision quote this exact passage
  2. “[a] straightforward reading of this statute discloses that it does not protect the insured against claims his or her creditors make on the proceeds of the insurance or annuity fund.”
    1 later decision quote this exact passage
  3. “ensure that the individual does not emerge from bankruptcy destitute, and ... has the basic necessities”
    1 later decision quote this exact passage

How this case has been treated — in progress

Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.