- 11 U.S.C.
Lewis v. Spivey (In re Spivey)
Nov
22
2010
Ruling
Debtor's use of management fees without assent of other LLC members while making false assurances resulted in nondischargeable debt.
Procedural posture
Creditors filed a complaint against chapter 7 debtors individually and as members of a limited liability company (LLC) to determine the dischargeability of debts under 11 U.S.C.S. § 523(a)(2)(A) and (a)(4). The debtors moved to dismiss the 11 U.S.C.S. § 523(a)(4) cause of action for lack of standing.
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Court
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