Douglas v. Kosinski (In Re Kosinski)

MEMORANDUM

JOAN N. FEENEY, Bankruptcy Judge.

I. INTRODUCTION

Steven B. Douglas (“Douglas” or the “Plaintiff’) filed a Complaint against Alan D. Kosinski (“Kosinski” or the “Debtor”), seeking a determination that the Debtor obtained money from him by falsely representing that the financial condition of Boston Waves, LLC (“Boston Waves”) and Pavilion Realty Trust, two entities for which the Debtor served as manager and trustee, respectively, “were sound and that the Debtor would use the money loaned to him in furtherance of their investment agreement and mutual understanding and subsequently repay…