General Electric Capital Corp. v. Acosta (In Re Acosta)
Court of Appeals for the Fifth Circuit
1Opinion of the Court
VANCE, District Judge:
General Electric Capital Corporation appeals the district court’s affirmance of the bankruptcy court’s decision that refused to hold the debt of Guilford Acosta to GECC nondischargeable. Because we find no clear error in the court’s treatment of the debt under 11 U.S.C. § 523(a)(2)(A), and we find that GECC waived its appeal of the issue of nondischargeability under 11 U.S.C. § 523(a)(2)(B), we affirm.
I. FACTS AND PROCEEDINGS BELOW
Acosta was the corporate secretary, chief administrative officer, and director of Arnoult Equipment & Construction, Inc., an oilfield repair…
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