In Re Ted R. Levy, Debtor. Wilson S. Palmer v. Ted R. Levy
Court of Appeals for the Ninth Circuit
1Opinion of the Court
FLETCHER, Circuit Judge:
In this case, we consider the scope of section 523(a)(2) of the Bankruptcy Code, which bars discharge of a debt for money or property obtained by fraud. At issue is whether that section excepts from discharge punitive damages as well as actual damages. Wilson Palmer appeals from the decision of the Bankruptcy Appellate Panel (“BAP”) affirming the bankruptcy court’s finding that the punitive damages portion of a judgment Palmer had obtained against Ted Levy, the debtor, was dischargeable. We affirm.
BACKGROUND
Levy was one of the principals of three corporations involved…
2Cases cited16 opinions
- Grogan v. GarnerSupreme Court of the United States · 1991
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- Kelly v. RobinsonSupreme Court of the United States · 1986
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- In Re William Wallace, Debtor. Mark Klemens v. William WallaceCourt of Appeals for the Tenth Circuit · 1988
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