Russie v. United States Fidelity & Guaranty Co. (In Re Russie)

MEMORANDUM AND ORDER

ROBERT L. EISEN, Bankruptcy Judge.

This matter came to be heard on the complaint of United States Fidelity and Guaranty Company (USF&G) to determine the dischargeability of debtor’s debt to USF&G. Having considered the briefs and memoranda filed and being fully advised in the premises, the court hereby makes the following findings of fact and conclusions of law.

FINDINGS OF FACT

Debtor was the president, chief executive officer and treasurer of Russie Floor Maintenance and Supply, Inc., an Illinois Corporation. Debtor was also a director and shareholder of the corporation.…