Premier Bank v. Koester (In re Koester)

Ruling: 
Loans guaranteed after debtor made false financial statements was nondischargeable.
Procedural posture: 
Creditor brought an adversary proceeding against defendant bankruptcy debtors seeking a determination that debts to the creditor were nondischargeable under 11 U.S.C.S. § 523(a)(2)(B) based on the debtors' false statements of ownership of real property in financial statements which induced the creditor to loan money to the debtors' construction business. The creditor moved for summary judgment.
Issue: 
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Consumer case opionion summary, case decided on September 29,2010, LexisNexis #1110-020