Robinson v. Worley

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The bankruptcy court denied debtor discharge under the false oath provision of 11 U.S.C. 727(a)(4), after it found that debtor intentionally undervalued his interest in a real estate investment company. The court concluded that the undervaluation of the company constituted a false oath considering the magnitude of the undervaluation debtor's distinguished training and experience. The court further concluded that debtor's misstatement was material, and denial of discharge was appropriate in this case. Accordingly, the court affirmed the judgment. View "Robinson v. Worley" on Justia Law