In Re Caneva

How courts have described this case

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

• noting that a “sophisticated” debtor can be expected to maintain records
• setting forth elements of a claim for failing to keep and preserve business records
• the 27 debtor’s records must allow a creditor “to follow his business 28 transactions for a reasonable period in the past” (citation 19 1 omitted)
• the 27 debtor’s records must allow a creditor “to follow his business 28 transactions for a reasonable period in the past” (citation 19 1 omitted)
• greater duty to keep records where debtor is engaged in substantial business
• “when a debtor is sophisticated and carries on a business involving substantial assets, ‘creditors have an expectation of greater and better record keeping.’” (quoting Petersen v. Scott (In re Scott), 172 F.3d 959, 970 (7th Cir. 1999))

Source: CourtListener parenthetical corpus (CC0).