Bankr. L. Rep. P 77,362 in Re Ahmad Ali Massoud Ansari, Debtor. Reza Pahlavi Medina Development Company v. Ahmad Ali Massoud Ansari

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that active participation in the discovery phase of the litigation attests the matter was \actually litigated\
• “[A] ‘defalcation’ for purposes of this statute does not have to rise to the level of ‘fraud,’ ‘embezzlement,’ or even ‘misappropriation.’ ”
• “In determining the preclusive effect of a state-court judgment, the federal courts must, as a matter of full faith and credit, apply the forum state’s law of collateral estoppel….”
• defalcation is misappropriation of trust funds or money held in any fiduciary capacity
• federal courts must apply the forum state’s law of collateral estoppel
• applying Virginia collateral estoppel rules in bankruptcy dischargeability proceeding

Source: CourtListener parenthetical corpus (CC0).