Quilling v. Trade Partners, Inc. (Distribution Plan)

In Quilling v. Trade Partners, Inc., 572 F.3d 293 (6th Cir. 2009), the Sixth Circuit Court of Appeals reaffirmed “the broad powers and wide discretion” of a trial court in distributing assets of a receivership, particularly emphasizing that “a pro rata basis [as contrasted with a “tracing” approach] is well supported….” 572 F.3d 298, 301

-Phillip S. Stenger