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    U.S. Supreme Court Disallows Innocent Partner’s Discharge of Debt From Partner’s Fraud
    2023-03-03

    On February 22, 2023, the United States Supreme Court (“the Supreme Court”) issued its Opinion in the matter of Bartenwerfer v. Buckley, No. 21-908, LEXIS 943 (Feb. 22, 2023), holding that per 11 U.S.C. § 523(a)(2)(A), a partnership member is not entitled to discharge a debt incurred by the fraud of another partnership member, regardless of the fact the innocent member had no knowledge of the fraud.

    Background

    Filed under:
    USA, Insolvency & Restructuring, Litigation, White Collar Crime, Riker Danzig LLP, US Congress, Supreme Court of the United States
    Authors:
    Kevin Hakansson , Kori Pruett , Michael R. O’Donnell , James V. Mazewski
    Location:
    USA
    Firm:
    Riker Danzig LLP

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