Meridian Bank v. Eugene Alten, Marlene Alten, and Thomas J. Subranni, Trustee Eugene and Marlene Alten
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
COWEN, Circuit Judge.
In this bankruptcy case the bankruptcy court entered an order discharging the debtors even though they maintained few if any records of their financial dealings. The district court reversed. We will affirm the district court, based on a conclusion that the debtors did not meet their burden of justifying failure to keep adequate records under 11 U.S.C. § 727(a)(3) (1988).
I
Eugene Alten and Marlene Alten (collectively “the Altens” or “the debtors”) personally guaranteed a loan from Meridian Bank (Meridian) for a development project which failed. Meridian…
2Cases cited32 opinions
- In Re Seymour Chalik, Debtor. Seymour Chalik v. Harold D. Moorefield, Jr., TrusteeCourt of Appeals for the Eleventh Circuit · 1984
- Universal Minerals, Inc. v. C. A. Hughes & Co.Court of Appeals for the Third Circuit · 1981
- In Re Sharon Steel Corporation, Debtor. Appeal of Dwg Corporation and Victor PosnerCourt of Appeals for the Third Circuit · 1989
- In Re UnderhillCourt of Appeals for the Second Circuit · 1936
- In re Abbotts Dairies of Pennsylvania, Inc.Court of Appeals for the Third Circuit · 1986
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3Cited by357 opinions
- Mercantile Peninsula Bank v. FrenchCourt of Appeals for the Fourth Circuit · 2007
- In the Matter of Malen A. Juzwiak, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1996
- In Re Leonard J. Siciliano, Debtor. Prudential Savings Bank, PasaCourt of Appeals for the Third Circuit · 1994
- In Re: Henry Fegeley Annmarie Fegeley, Debtors. United States of America v. Henry Fegeley Annmarie Fegeley, Henry FegeleyCourt of Appeals for the Third Circuit · 1997
- In Re Stephen A. Cacioli. D.A.N. Joint Venture v. Stephen A. CacioliCourt of Appeals for the Second Circuit · 2006
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