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Legal Opinion

Bank of Louisiana v. Bercier (In re Bercier)

Court of Appeals for the Fifth Circuit

Decided July 3, 1991No. 91-3046PublishedCited by 15 opinions

1Opinion of the Court

KING, Circuit Judge:

Maurice L. Bercier, M.D., appeals from a federal district court ruling that $50,000 of his debt to Bank of Louisiana is nondis-chargeable. The district court reversed the bankruptcy court’s prior ruling that the debt was, in fact, dischargeable. For the reasons set forth below, we reverse the ruling of the district court.

I. Background

Maurice L. Bercier, M.D. (Bercier) owned a fifty percent interest in Southeast Corn-*690puted Tomography (S.E.C.T.). The Bank of Louisiana (BOL), formerly Fidelity Bank & Trust Company of Slidell, loaned $120,000 to S.E.C.T. in March, 1984. As…

2Cases cited11 opinions

  1. United States v. United States Gypsum Co.Supreme Court of the United States · 1948
  2. In the Matter of Consolidated Bancshares, Inc., D/B/A Consolidated Investors, Inc., Debtor. Pierson & Gaylen, Ray & Terrell & Grubbs, Cross- v Creel & Atwood and Jack Bryant, Cross-AppellantsCourt of Appeals for the Fifth Circuit · 1986
  3. In the Matter of Henry Charles Sam and Gloria H. Sam, Debtors. Sidney Louis Grossie v. Henry Charles SamCourt of Appeals for the Fifth Circuit · 1990
  4. Keeling v. Roeder (In Re Roeder)United States Bankruptcy Court, W.D. Kentucky · 1986
  5. Peoples Security Finance Co. v. Todd (In Re Todd)United States Bankruptcy Court, W.D. Kentucky · 1983

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3Cited by15 opinions

  1. Shea v. Shea (In Re Shea)United States Bankruptcy Court, D. Minnesota · 1998
  2. Gadtke v. Bren (In Re Bren)United States Bankruptcy Court, D. Minnesota · 2002
  3. 24 Collier bankr.cas.2d 2022, Bankr. L. Rep. P 74,051 in the Matter of Maurice L. Bercier, M.D., Debtor. Bank of Louisiana, Formerly Fidelity Bank and Trust Company v. Maurice L. Bercier, M.D.Court of Appeals for the Fifth Circuit · 1991
  4. Jones v. Owens (In re Owens)United States Bankruptcy Court, D. Maryland · 2016
  5. McGraw v. Collier (In re Collier)United States Bankruptcy Court, E.D. Arkansas · 2013

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