First Valley Bank v. Ramonat (In Re Ramonat)

How courts have described this case

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

• holding debt nondischargeable in part after noting that debtors were educated individuals, were not neophytes in the business world, and worked with the business through several years of financial difficulty
• lender did not state a claim for embezzlement where the advances by a new lender intended to pay it were misdirected and not the monies it had entrusted to the debtor
• “Exceptions to discharge are construed against creditors and in favor of debtors.”

Source: CourtListener parenthetical corpus (CC0).