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· 12/3/1997

In Re Storie

Citations

  • 216 B.R. 283
  • 1997 WL 833931

How courts have described this case

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

  • construing burden of proof under 11 U.S.C. § 523(a)(4) in similar context against an Oklahoma contractor
  • announcing a standard 3 requiring that includes “intentional, wilful, reckless or negligent” breaches of fiduciary duty
  • collecting cases, including State v. Kaczynski (In re Kaczynski), 188 B.R. 770, 777 (Bankr. D.N.J.1995), using the same definition
  • finding that the burden shifts to the debtor-fiduciary to provide an accounting to demonstrate compliance with fiduciary duties once creditor meets its burden that the debtor is acting in a fiduciary capacity and that its debt arose because the debtor-fiduciary has not paid the entrusted funds
  • defalcation is a fiduciary’s failure to account for funds entrusted to him due to any breach of a fiduciary duty, whether intentional, willful, reckless, or negligent
  • defalcation is a fiduciary’s failure to account for funds entrusted to him due to any breach of a fiduciary duty, whether intentional, willful, reckless, or negligent

Source: CourtListener parenthetical corpus (CC0).

Judges: Clark, Robinson, and Matheson, Bankruptcy Judges

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.