Northern Trust Co. v. Garman
Court of Appeals for the Seventh Circuit
1Opinion of the Court
PELL, Circuit Judge.
Section 17(a)(2) of the Bankruptcy Act of 1938, 11 U.S.C. § 35(a)(2) (1960), provides that an individual’s debt shall not be discharged in bankruptcy if that debt or its renewal is the result of money obtained “in reliance [by the creditor] upon a materially false statement in writing respecting [the debtor’s] financial condition made or published . . . with intent to deceive . .’’ This appeal calls upon us to decide, inter alia, whether non-discharge-ability is appropriate only where the creditor’s reliance under § 17(a)(2) is “reasonable.”
Ben F. Garman, the bankrupt, a…
2Cases cited15 opinions
- Williams v. United States Fidelity & Guaranty Co.Supreme Court of the United States · 1915
- Bruning v. United StatesSupreme Court of the United States · 1964
- United States v. SoteloSupreme Court of the United States · 1978
- Sweet v. Ritter Finance CompanyDistrict Court, W.D. Virginia · 1967
- In Re Giuseppe Matera, Bankrupt. Peter Carini v. Giuseppe MateraCourt of Appeals for the Seventh Circuit · 1979
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3Cited by30 opinions
- In the Matter of John E. Mayer and Deborah Mayer, Debtors-Appellants v. Spanel International Ltd. And Bank One-Rockford, N.A., Creditors-AppelleesCourt of Appeals for the Seventh Circuit · 1995
- Banner Oil Co. v. Bryson (In Re Bryson)United States Bankruptcy Court, N.D. Illinois · 1995
- Leeb v. Guy (In Re Guy)United States Bankruptcy Court, N.D. Indiana · 1988
- In Re Orrin C. Kreps, Jr. And Margaret W. Kreps, Debtors. First National Bank of Lansing v. Orrin C. Kreps, Jr. And Margaret W. KrepsCourt of Appeals for the First Circuit · 1983
- McMillan v. Firestone (In Re Firestone)United States Bankruptcy Court, S.D. Florida. · 1982
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