Thompson v. Hornyak (In re Hornyak)
Apr
01
2010
Ruling
Short term note with high rate of return was dischargeable absent evidence of misrepresentation by debtor.
Procedural posture
Creditors sought a nondischargeability determination under 11 U.S.C.S. § 523(a)(6) or (a)(19) based on a loan transaction between the creditors and a corporation owned by two individual defendants. A trial was held. When the creditors rested their case, defendants moved for an involuntary dismissal under Fed. R. Bankr. P. 7041, the court heard argument on the motion.
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Court
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