Marshalling Assets

 

MARSHALLING OF ASSETS


In re Brazier Forest Products, Inc., 921 F.2d 221 (9th Cir. 1990)


Marshaling is an equitable remedy and the decision to grant or deny marshaling of assets


rests within the discretion of the trial court. Eyre, 218 P.2d at 898. Generally, marshaling may be


invoked only: (1) on behalf of junior secured or lien creditors, (2) where the debtor has two


distinct funds, and (3) where its operation would work no inequity upon the debtor or certain third


parties. (Washington law)


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