Legal Opinion

DRCK, LLC v. Chong (In re Chong)

United States Bankruptcy Court, D. Colorado

Decided December 18, 2014No. Case No. 13-21200 MER; Adversary No. 13-1577 MERPublishedCited by 8 opinions

1Opinion of the Court

ORDER

Michael E. Romero, United States Bankruptcy Judge

There is a well-established adage that if something sounds too good to be true, it probably is. This case presents a situation where certain investors did not heed that adage to their detriment.

JURISDICTION

The Court has jurisdiction over this matter under 28 U.S.C. §§ 1334(a) and (b) and 157(a) and (b). This is a core proceeding under 28 U.S.C. § 157(b)(2)(I) as it concerns a determination as to the dis-chargeability of a particular debt.

BACKGROUND FACTS

Debtor/Defendant Chisan Chong (“Chong”) filed his voluntary Chapter 7 petition on June…

2Cases cited27 opinions

  1. Field v. MansSupreme Court of the United States · 1995
  2. In Re Robert J. Young and Donna M. Young, Debtors. Fowler Brothers v. Robert J. Young and Donna M. YoungCourt of Appeals for the Tenth Circuit · 1996
  3. Johnson v. Riebesell (In Re Riebesell)Court of Appeals for the Tenth Circuit · 2009
  4. Paine, Webber, Jackson & Curtis, Inc. v. AdamsSupreme Court of Colorado · 1986
  5. In Re Kurtis George Kaspar and Linda Ann Kaspar, Debtors, Bellco First Federal Credit Union v. Kurtis George Kaspar and Linda Ann KasparCourt of Appeals for the First Circuit · 1997

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3Cited by8 opinions

  1. Ardizzone v. Scialdone (In re Scialdone)United States Bankruptcy Court, S.D. New York · 2015
  2. Allure Labs, Inc. v. Aviles (In re Aviles)United States Bankruptcy Court, N.D. California · 2018
  3. In re: Claire-Marie Bender v. Kapitus Servicing Inc., as Servicing Agent for Kapitus LLCUnited States Bankruptcy Court, D. Colorado · 2026
  4. McNulty v. PaleckiUnited States Bankruptcy Court, D. Colorado · 2025
  5. Patel v. Patel (In re Patel)United States Bankruptcy Court, D. New Mexico · 2016

3 more not listed; retrieve them via the Exa API.

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