First Commercial Financial Group, Inc. v. Hermanson (In Re Hermanson)
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION
RONALD BARLIANT, Bankruptcy Judge.
First Commercial Financial Group, Inc., (“First Commercial”) objects to the discharge of John A. Hermanson (“Herman-son”), alleging as grounds that he failed to keep adequate records and failed to explain satisfactorily the loss of assets he once owned. These are reasons to deny a discharge under 11 U.S.C. § 727(a)(3) 1 and (a)(5). 2 First Commercial has moved for summary judgment. 3 For the reasons stated below, the Court grants First Commercial’s motion and denies the Debtor a discharge under § 727(a)(5).
I. Background
In December 1992,…
2Cases cited22 opinions
- Milissa Garside v. Osco Drug, Inc.Court of Appeals for the First Circuit · 1990
- In Re Seymour Chalik, Debtor. Seymour Chalik v. Harold D. Moorefield, Jr., TrusteeCourt of Appeals for the Eleventh Circuit · 1984
- In the Matter of Malen A. Juzwiak, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1996
- Friedel v. City of MadisonCourt of Appeals for the Seventh Circuit · 1987
- Fannie B. Kalis v. Colgate-Palmolive Company, Millen True Value Hardware and Millen HardwareCourt of Appeals for the Seventh Circuit · 2000
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