- 11 U.S.C.
Mukherjee v. Sir (In re Sir)
May
26
2010
Ruling
Debts for "investments" given to debtor who was a compulsive gambler and lost funds were dischargeable.
Procedural posture
After debtor filed a chapter 7 case, plaintiffs 1 and 2 filed an adversary complaint charging that debts owed to them on account of "investments" that they allegedly made in a business venture begun by debtor were excepted from discharge pursuant to 11 U.S.C.S. § 523(a)(2)(A). At issue was whether the debts, in part or whole, arose out of such investments or arose out of debts associated with debtor's alleged addiction to gambling.
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Court
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