Legal Opinion

In Re Richard F. Belfry, Debtor. Richard F. Belfry v. Christopher G. Cardozo

Court of Appeals for the Eighth Circuit

Decided January 4, 1989No. 87-5446PublishedCited by 81 opinions

1Opinion of the Court

BEAM, Circuit Judge.

Richard Belfry (debtor) appeals from an order of the district court affirming the bankruptcy court’s determination that a debt of $6,039.96 arose from embezzlement and was thus nondischargeable under 11 U.S.C. § 523(a)(4). The bankruptcy court found that Christopher Cardozo had en trusted Belfry with $19,500.00 for the specific purpose of restoring a BMW 633, and that Belfry’s diversion of the funds to other purposes constituted embezzlement. Under the facts established by the bankruptcy court, we do not believe that Cardozo’s understanding that the $19,500.00 would be…

2Cases cited5 opinions

  1. In Re Gerald T. BLACK and Denise B. Black, Debtors. Garth L. DRIGGS, Plaintiff-Appellant, v. Gerald T. BLACK, Defendant-AppelleeCourt of Appeals for the Tenth Circuit · 1986
  2. Great American Insurance v. Storms (In Re Storms)United States Bankruptcy Court, E.D. North Carolina · 1983
  3. Teamsters Local 533 v. Schultz (In Re Schultz)United States Bankruptcy Court, D. Nevada · 1985
  4. Central Investors Real Estate Corp. v. Powell (In Re Powell)United States Bankruptcy Court, D. Oregon · 1983
  5. Stanshine v. Kalmar (In Re Kalmar)United States Bankruptcy Court, E.D. Pennsylvania · 1982

3Cited by81 opinions

  1. In the Matter of Donald Weber and Roxanne Weber, Debtors. Appeal of Michael C. Ablan, CreditorCourt of Appeals for the Seventh Circuit · 1989
  2. Bankr. L. Rep. P 75,476 Harlan Werner Mary Werner v. Willis D. Hofmann Bonnie L. HofmannCourt of Appeals for the Eighth Circuit · 1993
  3. Spinoso v. Heilman (In Re Heilman)United States Bankruptcy Court, D. Maryland · 1999
  4. Cody Farms, Inc. v. Deerman (In re Deerman)United States Bankruptcy Court, D. New Mexico · 2012
  5. Kaplan v. First Options of Chicago, Inc.District Court, E.D. Pennsylvania · 1995

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