- 11 U.S.C.
Adams v. Volpitto (In re Volpitto)
Mar
22
2011
Ruling
Debtor employer's failure to make discretionary contributions to profit sharing plan did not result in nondischargeable debt.
Procedural posture
Former employees brought an adversary proceeding against bankruptcy debtor seeking a determination that a debt to the employees for the debtor's failure to make employer contributions to a retirement plan was nondischargeable under 11 U.S.C.S. § 523(a)(4) based on the debtor's breach of fiduciary duty as the plan trustee.
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Court
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