Legal Opinion

In re Bonnett

Court of Appeals for the Seventh Circuit

Decided December 20, 1989No. 87-2102PublishedCited by 61 opinions

1Opinion of the Court

KANNE, Circuit Judge.

This is an appeal of an order of the district court which reversed the bankruptcy court’s determination that a debt was nondischargeable under 11 U.S.C. § 523(a)(2)(B).1 Because we find that the district court applied an improper standard of review, we reverse.

BACKGROUND

James and Linda Bonnett (Bonnett) owned and operated Bonnett’s Turkey Hatchery, Inc. in southern Illinois. In August, 1980, Bonnett approached the National Bank of Petersburg (NBP) for a $500,-000 loan for the business. Since the loan request exceeded NBP’s lending limit, NBP asked another larger bank, the…

2Cases cited8 opinions

  1. Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
  2. In Re Michael Duane Mullet, Debtor. First Bank of Colorado Springs, a State Banking Corporation v. Michael Duane MulletCourt of Appeals for the First Circuit · 1987
  3. Equal Employment Opportunity Commission, Cross-Appellee v. Sears, Roebuck & Company, Cross-AppellantCourt of Appeals for the Seventh Circuit · 1988
  4. In the Matter of Robert Oneal Bogstad, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1985
  5. Regency National Bank v. Blatz (In Re Blatz)United States Bankruptcy Court, E.D. Wisconsin · 1984

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

3Cited by61 opinions

  1. In Re David Louis Cohn, Debtor. Insurance Company of North America v. David Louis CohnCourt of Appeals for the Third Circuit · 1995
  2. In the Matter of Tolona Pizza Products Corporation, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1993
  3. In the Matter of Robert P. Krehl, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1996
  4. In Re Gloria Bonnanzio, Debtor. National Union Fire Insurance Company of Pittsburgh, Pa. v. Gloria BonnanzioCourt of Appeals for the Second Circuit · 1996
  5. Banner Oil Co. v. Bryson (In Re Bryson)United States Bankruptcy Court, N.D. Illinois · 1995

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

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