Porter v. Howard

How courts have described this case

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

• determining that a contractor-debtor understood that failing to pay subcontractors may risk violating his fiduciary duties because he later lied about having paid them in sworn statements
• defining \gross recklessness” under Bullock as \knowing that there is a risk of serious harm and that it can be averted at reasonable cost, yet failing to act on that knowledge”
• defining “gross recklessness” under Bullock as “knowing that there is a risk of serious harm and that it can be averted at reasonable cost, yet failing to act on that knowledge”
• “‘Defalcation’ refers to the misappropriation of funds entrusted to one—a form of embezzlement. It differs from fraud in not requiring a false statement.”
• similarly inferring recklessness based on cumulative facts

Source: CourtListener parenthetical corpus (CC0).