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United States SEC v. Bocchino (In re Bocchino)

Ruling
Debtor stockbroker's gross negligence in violating securities laws was grounds for nondischargeability.
Issue(s)
Did debtor stockbroker's gross negligence satisfy the knowledge and intent to deceive requirements for nondischargeability on grounds of false pretenses, false representation or actual fraud?

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on July 23, 2015 , LexisNexis #0815-082

In re Oakwood Homes Corp.

Ruling
Court upheld bankruptcy court's decision to discount principal portion of creditor's claims to present value but held that, under section 502(b), bankruptcy court could not also disallow postpetition interest.
Procedural posture

Appellant creditor sought review in the District Court for the District of Delaware of a bankruptcy court's decision in a debtor's chapter 11 case to reduce the creditor's claims pursuant to 11 U.S.C. § 502(b) following objections by appellee indenture trustee. The district court affirmed. The creditor appealed.

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Court :
Judge or Jurisdiction information not available
opinion summary, case decided on June 09, 2006 , LexisNexis #0606-120