Legal Opinion
International Bank of Commerce v. Saenz (In re Saenz)
United States Bankruptcy Court, S.D. Texas
Decided August 8, 2014No. Bankruptcy No. 13-70423; Adversary No. 13-07028PublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM OPINION
MARVIN ISGUR, Bankruptcy Judge.
On March 7, 2014, Humberto Saenz, Jr. filed a motion to dismiss International Bank of Commerce’s (“IBC”) Complaint for Determination of Non-Dischargeable Debt. (Case No. 13-7028, ECF No. 1). IBC fails to state a direct fraud claim for an exception to discharge under § 523(a)(2). IBC also fails to state a derivative fraud claim under § 523(a)(2).
IBC may be given an opportunity to replead its derivative fraud claim under § 523(a)(2). If Gomez attempts to replead his § 523(a)(2) claim, then IBC will be granted leave to amend its equitable…
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- Cohen v. De La CruzSupreme Court of the United States · 1998
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3Cited by2 opinions
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