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· 8/7/1991

Smith v. Meyers (In Re Schwartz & Meyers)

Citations

  • 130 B.R. 416
  • 1991 Bankr. LEXIS 1179
  • 1991 WL 159282

How courts have described this case

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

  • holding that negligence or poor judgment does not establish fraudulent intent, as the debtor’s explanations, though reflecting inadequate management, did not demonstrate knowledge of falsity or recklessness
  • statement that investment was “as safe as in a bank” from plaintiff’s then boyfriend and agent of debtor was merely puffery or opinion
  • “To be actionable [under 11 U.S.C. § 523(a)(2)(A)], the debtor’s conduct must involve moral turpitude or intentional wrong; mere negligence … is insufficient”

Source: CourtListener parenthetical corpus (CC0).

Judges: Tina L. Brozman

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.