Did the United States Court of Appeals for the Third Circuit err in concluding that a trustee of a trust established for the benefit of third parties can be a nominee for purposes of satisfying a debtor's obligations in an instance where the assets transferred to that trust were not transferred by, on behalf of, or otherwise for the benefit of the debtor?

QUESTION PRESENTED Did the United States Court of Appeals for the Third Circuit err in concluding that a trustee of a trust established for the benefit of third parties can be a nominee for purposes of satisfying a debtor’s obligations in an instance where the assets transferred to that trust were not transferred by, on behalf of, or otherwise for the benefit of the debtor?