Legal Opinion
Bank of America, N.A. v. Armstrong (In re Armstrong)
United States Bankruptcy Appellate Panel for the Eighth Circuit
Decided September 19, 2013No. BAP No. 13-6013PublishedCited by 4 opinions
1Opinion of the Court
FEDERMAN, Chief Judge.
Debtor Robert N. Armstrong appeals from the Order of the Bankruptcy Court1 finding his debt to Bank of America non-dischargeable under 11 U.S.C. § 523(a)(2) for fraud and § 523(a)(4) for embezzlement. For the reasons that follow, the Judgment finding the debt nondischargeable under § 523(a)(4) is AFFIRMED.
FACTUAL BACKGROUND
Debtor Robert N. Armstrong was the owner, sole member, and primary manager of RNA Properties, LLC. In August 2001, RNA Properties acquired a strip mall in Dallas, Texas though financing from Southwest Bank. The financing came from two loans, one in the…
2Cases cited10 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Federal Deposit Insurance Corporation v. Melvyn Bell, Darlene Bell, Bell Holdings, Inc., Bell Equities, Inc.Court of Appeals for the Eighth Circuit · 1997
- Williams v. Marlar (In Re Marlar)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2000
- In Re Richard F. Belfry, Debtor. Richard F. Belfry v. Christopher G. CardozoCourt of Appeals for the Eighth Circuit · 1989
- Bankr. L. Rep. P 73,046 in Re Lloyd Phillips. First National Bank of Fayetteville, Arkansas, Appellee/cross-Appellant v. Lloyd Phillips, Appellant/cross-Appellee. In Re Stanley Sisemore, Debtor. First National Bank of Fayetteville, Arkansas, Appellee/cross-Appellant v. Stanley L. Sisemore, Appellant/cross-AppelleeCourt of Appeals for the First Circuit · 1989
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3Cited by4 opinions
- Kassebaum v. Smith (In re Smith)United States Bankruptcy Court, D. Minnesota · 2018
- Deutsche Bank National Trust Co. v. Lom Property Corp. (In re Allen)United States Bankruptcy Court, E.D. Missouri · 2014
- McClammer v. Holmes (In re Holmes)United States Bankruptcy Court, W.D. Missouri · 2017
- United States ex rel. Soc. Sec. Admin. v. Evans (In re Evans)United States Bankruptcy Court, E.D. Missouri · 2018