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Stifel Nicolaus & Co. v. Smithson (In re Smithson)

Stifel Nicolaus & Co. v. Smithson (In re Smithson)

Ruling
Debtor's placement of stock purchase order for which he could not pay rendered debt nondischargeable.
Procedural posture

Plaintiff creditor filed an adversary proceeding against defendant debtor seeking a determination that its debt was nondischargeable pursuant to 11 U.S.C. § 523(a)(2)(A). The creditor also asserted that the debtor should not be granted a discharge pursuant to either 11 U.S.C. § 727(a)(4) or (a)(5).

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opinion summary, case decided on July 31, 2007 , LexisNexis #0807-133