Legal Opinion
In Re Paul W. Goodrich, Debtor. Shawmut Bank, N.A. v. Paul W. Goodrich
Court of Appeals for the First Circuit
Decided July 26, 1993No. 92-2262PublishedCited by 49 opinions
1Opinion of the Court
BOUDIN, Circuit Judge.
Shawmut Bank, N.A. asked the bankruptcy court to rule that the $109,000 debt owed to it by Paul W. Goodrich is not dischargea-ble in his Chapter 7 bankruptcy because it was obtained through deliberately false statements on which the bank relied. The bankruptcy court held that only $10,000 of the debt was nondischargeable and the district court affirmed. We conclude that the entire debt is nondischargeable and remand.
On September 4, 1985, Goodrich signed a promissory note and credit agreement with Shawmut giving him an unsecured revolving $100,000 line of credit. This…
2Cases cited1 opinion
- In Re R. Clare Gerlach and Lois F. Gerlach, Debtors. John Deere Company v. R. Clare Gerlach and Lois F. GerlachCourt of Appeals for the Tenth Circuit · 1990
3Cited by49 opinions
- Foley & Lardner v. Biondo (In Re Biondo)Court of Appeals for the Fourth Circuit · 1999
- In the Matter of Robert William Norris and Emily Waller Norris, Debtors. Robert William Norris v. First National Bank in LulingCourt of Appeals for the First Circuit · 1995
- In the Matter of Dorothy McFARLAND, Debtor-Appellee. Appeal of SOUTH DIVISION CREDIT UNIONCourt of Appeals for the Seventh Circuit · 1996
- Field v. MansCourt of Appeals for the First Circuit · 1998
- National City Bank v. Plechaty (In Re Plechaty)Bankruptcy Appellate Panel of the Sixth Circuit · 1997
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