Stephen Bandi v. Christopher Becnel
Court of Appeals for the Fifth Circuit
1Opinion of the Court
OWEN, Circuit Judge:
The principal question in this appeal is the proper construction of the phrase “respecting the debtor’s ... financial condition” as it appears in 11 U.S.C. § 523(a)(2)(A) and (a)(2)(B). Because we agree with the bankruptcy court’s interpretation and find no clear error in that court’s determination that the debtors obtained an advance of money through actual fraud, we affirm the judgment of the district court.
I
Christopher Becnel is the holder of a $150,000 promissory note executed by Charles Bandi on behalf of RSB Companies, LLC (RSB) and personally guaranteed by Charles…
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