Farmers Exch. Bank v. Roden

Ruling: 
Debtor managing member's willful and malicious diversion of funds LLC owed to creditor resulted in nondischargeable debt.
Procedural posture: 
Plaintiff lender sought a judgment that debtor, the managing member and sole employee of an LLC that was engaged in an equipment leasing business that was financed by plaintiff, was personally liable for LLC's obligation to plaintiff under 11 U.S.C.S. § 523(a)(6) on claims that debtor's conduct in diverting funds that LLC owed to plaintiff to pay other obligations was "willful and malicious" within the meaning of § 523(a)(6).
Issue: 
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Consumer case opionion summary, case decided on January 30,2012, LexisNexis #0213-084