Case Summary:
Plaintiffs sought a determination that the debt owed to them is nondischargeable under 11 U.S.C. § 523(a)(2)(A). Debtor opposed Plaintiff’s assertion and argued Plaintiffs were collaterally estopped. The Court found collateral estoppel was inapplicable. After a trial on the issue, the Court determined Debtor’s debt to Plaintiffs was dischargeable because Plaintiffs did not sufficiently establish Debtor’s participation in the fraudulent misrepresentation that led to incurring the debt.
Statute/Rule References:
11 U.S.C. § 523(a)(2)(A) - False pretenses, false representation, or actual fraud
Key Terms:
Nondischargeability