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Merchants Bank of Cal. v. Morales (In re Morales)

Merchants Bank of Cal. v. Morales (In re Morales)

Ruling
Poor judgment did not rise to level of intentional wrongdoing to amount to fiduciary defalcation that would make debt nondischargeable.
Procedural posture

Plaintiff creditors filed adversary complaints against defendant debtor seeking determinations that amounts owed by the debtor were nondischargeable pursuant to 11 U.S.C.S. § 523(a)(4).

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Consumer opinion summary, case decided on June 26, 2013 , LexisNexis #0813-087