In My Opinion: Making A Federal Case Out Of It
I am not a bankruptcy lawyer. Can anyone explain either side's thinking in the recent In re: Meyer decision (intheiropinion post here). The Trustee wanted $973.60 from an income tax refund turned over to the estate. Meyer thought she only needed to turn over $349.91. Yet the difference ($623.69) was the subject of litigation in the bankruptcy court, district court, and Seventh Circuit Court of Appeals. Even if the $600 was only one of several issues before the lower courts, it appears to have been the only issue in the Seventh Circuit. The Court frequently criticizes lawyers for bringing matters of such little monetary significance to the Court - here it did not do so at argument or in the opinion
- Did the Trustee's lawyers and Meyer's lawyers both get compensated by the bankruptcy estate?
- How is it in the best interest of a creditor to have that kind of fight over $600?
- Even if the issue itself is important and in need of a resolution, why resolve it here?
- Was someone else funding the litgation in order to get a resolution?
- What am I missing?

