Legal Opinion
Wonjoong Kim v. Hyungkeun Sun (In re Hyungkeun Sun)
United States Bankruptcy Court, D. Colorado
Decided September 12, 2014No. Case No. 12-25005 MER; Adversary No. 12-1660 MERPublishedCited by 1 opinion
1Opinion of the Court
Chapter 7
ORDER
Michael E. Romero, Chief Judge, United States Bankruptcy Court
This case offers an object lesson in the oft-cited dangers of doing business with friends. The Plaintiffs paid $900,000 to their friends, the Defendants, in exchange for a particular investment. What Plaintiffs received was far from what was promised. They now seek a finding their debt is nondischargeable under 11 U.S.C. §§ 523(a)(2)(A), (a)(4), and (a)(6).1
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. §…
2Cases cited38 opinions
- Grogan v. GarnerSupreme Court of the United States · 1991
- Field v. MansSupreme Court of the United States · 1995
- 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
- Koch v. Koch Industries, Inc.Court of Appeals for the Tenth Circuit · 2000
- Johnson v. Riebesell (In Re Riebesell)Court of Appeals for the Tenth Circuit · 2009
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3Cited by1 opinion
- Hyungkeun Sun v. United States Bankruptcy Court for the District of ColoradoBankruptcy Appellate Panel of the Tenth Circuit · 2015