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International Fidelity Ins. Co. v. Fox (In re Fox)

International Fidelity Ins. Co. v. Fox (In re Fox)

Ruling
Portion of debt owed by highway construction company to insurer under completion bond was nondischargeable on grounds of defalcation.
Procedural posture

Plaintiff insurer filed an action to determine the dischargeability of a debt pursuant to 11 U.S.C. § 523(a)(4) arising from the insurer's payment on a construction surety bond.

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opinion summary, case decided on December 08, 2006 , LexisNexis #0107-016