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What is Chicago v. Fulton Bankruptcy Case Summary about?

The Supreme Court held that merely retaining possession of property belonging to a bankruptcy estate, without more, does not violate the automatic stay provision of the Bankruptcy Code. The automatic stay provision prohibits affirmative acts by creditors to exercise control over estate property, but does not require an entity in possession of estate property to immediately turn over the property without a request from the trustee. This interpretation avoids rendering other turnover provisions of the Code re

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