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FNFS Ltd. V. Harwood (In re Harwood)

FNFS Ltd. V. Harwood (In re Harwood)

Ruling
Debtor's taking of partnership funds for personal use properly found to result in nondischargeable debt due to breach of fiduciary duty.
Procedural posture

Appellant debtor appealed form the U.S. District Court for the Eastern District of Texas an order affirming a bankruptcy court's ruling that certain of his debts were nondischargeable under 11 U.S.C.S. § 523(a)(4). He challenged the bankruptcy court's determination that his debts were incurred through defalcation while acting as a fiduciary to creditor partnership.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on April 05, 2011 , LexisNexis #0411-135