Court Opinion

ID: 9687026
Source: CourtListenerOpinion
Date Created: 2023-08-24 16:14:01.942259+00
Date Added: 2024-06-11T09:52:45.090419
License: Public Domain

M. F. Cavanagh, J.
(concurring). I concur separately on more limited grounds. In this case, the trustee in bankruptcy himself assigned the claim against Burger to the bank. Moreover, the bank and the trustee entered into a formal stipulation, before either suit, that the trustee would attempt to collect Building Dynamics’ accounts receivable on behalf of the bank. Those facts render the bank a clear successor to the claim which the trustee had previously unsuccessfully asserted, and entitle the bank to the protection of the tolling statute. This contrasts with the more common situation where the trustee and debtor’s assignee-secured creditor assert competing interests based on the same claim. In such a situation, commencement of suit by one party should not toll the statute of limitations in favor of the other.