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Irmakesselring v. Olivarez (In re Olivarez)

Irmakesselring v. Olivarez (In re Olivarez)

Ruling
Judgment for fraud based on jury verdict for either misrepresentation or concealment was nondischargeable.
Procedural posture

A creditor, a former client of the debtor partner's law firm, filed an adversary complaint against the debtor seeking to have her judgment for fraud against another partner held nondischargeable under 11 U.S.C.S. § 523(a)(2)(A) as against the debtor, arguing that all partners were jointly and severally liable for the other partner's fraud regardless of their knowledge or culpability and that collateral estoppel applied to the judgment.

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Consumer opinion summary, case decided on March 04, 2010 , LexisNexis #0510-085