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northern district of california

Bank v. Pho (In re Pho)

Ruling
Debt was dischargeable where creditor failed to prove that it relied on debtor's written misrepresentations.
Issue(s)
Was claim nondischargeable due to debtor's allegedly false representation that loan would be used for business purposes?

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Consumer opinion summary, case decided on October 15, 2015 , LexisNexis #1115-051

Attila Cargo Express Inc. v. Sanchez (In re Sanchez)

Ruling
Debt was nondischargeable due to knowing diversion of employer's funds for personal use.
Issue(s)
Was debt nondischargeable due to false pretenses or representations or actual fraud), embezzlement and larceny or willful and malicious conversion?

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Consumer opinion summary, case decided on October 05, 2015 , LexisNexis #1015-125

Tradex Global Master Fund SPC Ltd. v. Chui (In re Chui)

Ruling
Debt was dischargeable where debtor did not act in a fiduciary capacity and any alleged securities law violations were time-barred.
Issue(s)
Was debt nondischargeable based on a breach of fiduciary responsibility or violation of securities laws?

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Commercial opinion summary, case decided on September 24, 2015 , LexisNexis #1015-080

Quinones v. Quinones (In re Quinones)

Ruling
Debt for unpaid retirement plan contributions was dischargeable as debtors were not fiduciaries.
Issue(s)
Was debt for unpaid employment plan contributions dischargeable?

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Consumer opinion summary, case decided on September 15, 2015 , LexisNexis #1015-014

Paik v. Lee (In re Lee)

Ruling
Debt was nondischargeable due to misrepresentations by debtor who knew about or was recklessly indifferent to Ponzi scheme.
Issue(s)
Did debtor know that investment company was a Ponzi scheme so that representations to creditor regarding investing with the company could be grounds for nondischargeable debt?

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Consumer opinion summary, case decided on September 08, 2015 , LexisNexis #0915-115

In re Morales

Ruling
Relief from stay denied where creditor was adequately protected by equity cushion.
Issue(s)
Should relief from stay be granted for cause, including lack of adequate protection and the purported failure of debtors to make certain post-petition payments?

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Consumer opinion summary, case decided on August 17, 2015 , LexisNexis #0915-009

In re Howrey LLP

Ruling
Landlords' gap claims were entitled to priority status.
Issue(s)
Whether claims of landlords for unpaid rent accruing during the interval between the filing of an involuntary petition and an order for relief were entitled to priority.

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Commercial opinion summary, case decided on August 11, 2015 , LexisNexis #0915-014

In re Gens

Ruling
Dismissal was mandatory due to debtor's failure to file required operating reports for two years.
Issue(s)
Must chapter 11 debtor's case be dismissed due to a two-year failure to file required operating reports?

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Consumer opinion summary, case decided on July 24, 2015 , LexisNexis #0815-098

Karaeff v. Hart (In re Hart)

Ruling
Debtors' inducement of creditor into joining sham partnership was grounds for nondischargeable debt.
Issue(s)
Were debts resulting from debtors' inducement of investor to join a sham real estate development partnership nondischargeable on grounds of fraud?

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Consumer opinion summary, case decided on July 16, 2015 , LexisNexis #0815-051

In re Home Loan Serv. Corp.

Ruling
Bankruptcy court declined to order disgorgement of fees earned by debtor's chapter 11 counsel prior to conversion to a possibly insolvent chapter 7 case.
Issue(s)
Was trustee in case converted to chapter 7 entitled to an order for disgorgement of interim attorney's fees paid to debtor's former chapter 11 counsel?

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Commercial opinion summary, case decided on July 01, 2015 , LexisNexis #0715-127