- 11 U.S.C.
JPMorgan Chase Bank. V. Tamis (In re Tamis)
Dec
17
2008
Ruling
Debt of shareholders and officers who were fiduciaries of corporation was dischargeable absent proof of dereliction.
Procedural posture
Plaintiff creditor brought an adversary proceeding against defendant bankruptcy debtors seeking a determination that a debt to the creditor was not dischargeable under 11 U.S.C.S. § 523(a)(4) based on the debtors'fiduciary defalcation. The bankruptcy court conducted a trial.
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Court
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