Legal Opinion

Fogg ex rel. Estate of Brown v. Pearl (In re Pearl)

United States Bankruptcy Court, E.D. Pennsylvania

Decided December 5, 2013No. Bankruptcy No. 12-11372 ELF; Adversary No. 12-0382PublishedCited by 18 opinions

1Opinion of the Court

OPINION

ERIC L. FRANK, Chief Judge.

I. INTRODUCTION

Earlier this year, the Supreme Court issued its decision in Bullock v. BankChampaign, N.A., — U.S. -, 133 S.Ct. 1754, 185 L.Ed.2d 922 (2013), resolving an issue of bankruptcy law that divided the lower courts for close to 100 years. That issue was whether 11 U.S.C. § 523(a)(4), which provides that a debt “for ... defalcation while acting in a fiduciary capacity” is nondischargeable in a chapter 7 case, requires any level of scienter (and if so, what degree of scienter).

In Bullock, the Court held that “defalcation” under § 523(a)(4) requires a…

2Cases cited14 opinions

  1. Grogan v. GarnerSupreme Court of the United States · 1991
  2. Bullock v. BankChampaign, N. A.Supreme Court of the United States · 2013
  3. In Re David Louis Cohn, Debtor. Insurance Company of North America v. David Louis CohnCourt of Appeals for the Third Circuit · 1995
  4. Denton v. HymanCourt of Appeals for the Second Circuit · 2007
  5. United States Securities & Exchange Commission v. Infinity Group Co.Court of Appeals for the Third Circuit · 2000

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3Cited by18 opinions

  1. Larson v. Bayer (In re Bayer)United States Bankruptcy Court, E.D. Pennsylvania · 2014
  2. Symonies v. Sobol (In re Sobol)United States Bankruptcy Court, M.D. Pennsylvania · 2016
  3. Caitlin Energy, Inc. v. Rachel (In re Rachel)United States Bankruptcy Court, N.D. Georgia · 2015
  4. Aiello v. Aiello (In re Aiello)United States Bankruptcy Court, W.D. Pennsylvania · 2015
  5. Cincinnati Insurance v. Chidester (In re Chidester)United States Bankruptcy Court, W.D. Virginia · 2015

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