Legal Opinion

Ardizzone v. Scialdone (In re Scialdone)

United States Bankruptcy Court, S.D. New York

Decided June 18, 2015No. Case No. 12-36086 (CGM); Adv. No. 12-09061 (CGM)PublishedCited by 14 opinions

1Opinion of the Court

MEMORANDUM DECISION DENYING DISCHARGEABILITY OF A DEBT UNDER § 523(a)(2)(A)

CECELIA G. MORRIS, CHIEF UNITED STATES BANKRUPTCY JUDGE

Plaintiffs allege that the Debtor deceived them into investing in a business in exchange for the corporation paying him a “finder’s fee.” They sought to have the Court find the Debtor personal liable for their full investment and that the debt be declared non-dischargeable under § 523(a)(2)(A). Because the Court finds that the Defendants did not justifiably rely on the Debtor’s misrepresentations, the Court grants judgment in favor of the Defendant.

Jurisdiction

This…

2Cases cited15 opinions

  1. Field v. MansSupreme Court of the United States · 1995
  2. Palmacci v. UmpierrezCourt of Appeals for the First Circuit · 1997
  3. Lazard Freres & Co., Plaintiff-Counter-Defendant-Appellee v. Protective Life Insurance Company, Defendant-Counter-Claimant-AppellantCourt of Appeals for the Second Circuit · 1997
  4. Bank of India v. Sapru (In Re Sapru)United States Bankruptcy Court, E.D. New York · 1991
  5. Stevens v. Antonious (In Re Antonious)United States Bankruptcy Court, E.D. Pennsylvania · 2006

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3Cited by14 opinions

  1. Parklex Associates v. Deutsch (In re Deutsch)United States Bankruptcy Court, S.D. New York · 2017
  2. Postovit v. Bolling (In re Bolling)United States Bankruptcy Court, D. Colorado · 2019
  3. Sheen Falls Strategies, LLC v. Keane (In re Keane)United States Bankruptcy Court, N.D. Ohio · 2016
  4. Lupe Development Partners, LLC v. Deutsch (In re Deutsch)United States Bankruptcy Court, S.D. New York · 2017
  5. Donghee Choi - Adversary ProceedingUnited States Bankruptcy Court, N.D. New York · 2019

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