Airlines Reporting Corp. v. Nercessian (In re Nercessian)

ALBERT E. RADCLIFFE, Bankruptcy Judge.

This is an adversary proceeding to determine the dischargeability of a debt under 11 U.S.C. 523. The debt is evidenced by a state court judgment that has been rendered in favor of plaintiff, against defendant. Plaintiff contends that the debt arises from fraud or defalcation while acting in a fiduciary capacity, embezzlement, larceny, or willful and malicious injury by the defendant to the plaintiffs property. Thus the debt is non-dischargeable under 11 U.S.C. 523(a)(4) & (6). Defendant denies any intentional wrongdoing.

Although plaintiff had taken the…