E.Ted Taylor v. Edward Kirksey Wood, Jr.

Creditor Ted Taylor appeals the district court’s reversal of the bankruptcy court’s order in this case. The bankruptcy court found Edward Kirksey Wood liable for a nondischargeable debt for obtaining Taylor’s signature on a loan guaranty by false pretenses, pursuant to 11 U.S.C. § 523(a)(2)(A). The district court found the bankruptcy court’s factual findings did not support a legal finding that the debt was nondischargeable.

On appeal, Taylor argues that Wood’s debt to him is nondischargeable because Wood failed to discover and disclose to him material facts about another partner’s limited…