Verdini v. Poirier (In re Verdini)

Pre 2005-Act: 
Pre 2005-Act
Ruling: 
Marital debts were deemed dischargeable since the alimony was actually compensation for unequal distribution of corporate assets.
Procedural posture: 
Plaintiff bankruptcy debtor brought an adversary proceeding against defendant, the debtor's former spouse, alleging that debts to the spouse arising from the parties'settlement agreement in their divorce proceedings were dischargeable. The spouse contended that the debts were nondischargeable under 11 U.S.C. § 523(a)(5) and (15) as alimony and as marital debts which the debtor was able to pay.
Issue: 
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