International Beauty Prods. LLC v. Beveridge (In re Beveridge)
Jul
30
2009
Ruling
Constructive trust securing nondischargeable debt established in favor of debtor's employer on the debtor's home and a car purchased for debtor's wife with funds fraudulently obtained from employer.
Procedural posture
Plaintiff former employer filed two adversary proceedings against defendant chapter 7 debtors, a husband and wife, seeking a determination that property the debtors claimed as exempt under 11 U.S.C.S. § 522(b)(2) and Texas law was not exempt, and that debts the debtors owed the former employer were nondischargeable under 11 U.S.C.S. § 523(a)(2)(A), (a)(4), and (a)(6). The court combined the adversary proceedings for trial.
ABI Membership is required to access the full summary of International Beauty Prods. LLC v. Beveridge (In re Beveridge) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: