Legal Opinion

Florence Savings Bank v. Scheer (In re Scheer)

District Court, S.D. New York

Decided June 12, 1992No. Bankruptcy No. 91 B 20902; No. 91 Adv. 6207Published

1Opinion of the Court

DECISION ON COMPLAINT TO DETERMINE DISCHARGE-ABILITY OF DEBT

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The parties in this nondischargeability controversy have presented diametrically opposite versions as to which day the debt- or delivered written financial statements for a loan which was granted on the morning of March 7, 1989. The debtor, Paul R. Scheer, contends that the statements could not have been relied on by the creditor bank, Florence Savings Bank (“the Bank”) in granting the loan because they were delivered in the afternoon of March 7,1989, after the loan had been granted. The Bank…

2Cases cited3 opinions

  1. Grogan v. GarnerSupreme Court of the United States · 1991
  2. Kentile Floors, Inc. v. Clifford L. Winham and Corinne Winham, BankruptsCourt of Appeals for the Ninth Circuit · 1971
  3. Putnam County National Bank of Carmel v. Hough (In Re Hough)United States Bankruptcy Court, S.D. New York · 1990

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