United States Supreme Court

In a case involving a dispute over whether a debt could be discharged by a Chapter 7 bankruptcy filing, the Fifth Circuit's decision affirming the District Court's judgment that defendant was personally liable under state law but that the debt was not "obtained by...actual fraud" under 11 U.S.C. section 523(a)(2)(A) and thus could be discharged in bankruptcy, is reversed where the term 'actual fraud' in section 523(a)(2)(A) encompasses fraudulent conveyance schemes, even when those schemes do not involve a false representation.

Appellate Information

• Published 2016/05/16

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• SOTOMAYOR

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• United States Supreme Court

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