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eBook details

• Title: Jones V. American Airlines
• Author : Court of Appeals Second District of Texas Fort Worth
• Release Date : January 26, 2004
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 67 KB

Description

Appellant Sharon E. Jones appeals from a turnover order directing her to pay $410,540.32, plus any post-judgment interest, into the registry of the court for the benefit of Appellees American Airlines, Inc. and American Airlines, Inc. Pilot Retirement Benefit Program. Jones challenges the turnover order in two issues, arguing that the trial court erred in its implied findings (1) that her Individual Retirement Account ("IRA"), into which the pension fund payments were rolled over, did not qualify under the Internal Revenue Code and (2) that the funds ordered turned over by the trial court were not exempt under Texas law from turnover as the proceeds of exempt property. We affirm.

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