Sunday, May 23, 2010

No Denial of Discharge Based on Vicarious Liability per Section 523(a)(2)

In re Treadwell, 423 B.R. 309 (8th Cir. 2010). The 8th



Circuit noted that it would be highly unusual to hold a debt


nondischargeable where the debtor is only vicariouisly


liable and had NOT participated in the underlying fraud.
 
Warmest Regards,

Bob Schaller

Your Bankruptcy Advisor Blog

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