Frankland v. LeFebvre (In Re LeFebvre)

FINDINGS OF FACT, CONCLUSIONS OF LAW AND MEMORANDUM OPINION ON OBJECTION TO DISCHARGE

ALEXANDER L. PASKAY, Bankruptcy Judge.

This is a contested discharge proceeding initiated by the plaintiff, James Frankland, Jr., as trustee of the. Employee Profit-Sharing Trust of Frankland Racing Equipment, Inc., against the bankrupt, Charles Norbert LeFebvre. The bankrupt’s right to a discharge is challenged by the plaintiff on the basis that the bankrupt failed to keep adequate books or records from which his financial condition could- be ascertained and, therefore, the plaintiff contends the bankrupt…