To Bankruptcy Creditors Supreme Court Applies Civil Contempt Standard

Posted by Staff Reporter on Jun 05, 2019 03:02 PM EDT
  • email
  • print
To bankruptcy creditors Supreme Court applies civil contempt standard more big
(Photo : pixabay)

The US Supreme Court ruled Monday that a creditor may be held in civil contempt for violating a bankruptcy court's discharge order if there is no fair ground of doubt as to whether the order barred the creditor's conduct.

The case, Taggart v. Lorenzen, involved the petitioner Bradley Taggart, who had once owned an interest in an Oregon company, and the respondents, the same Oregon company and two of its other owners. Before the trial for that proceeding, Taggart filed for bankruptcy and the court issued a discharge order releasing Taggart from debts incurred prior to bankruptcy.

Full Article

Get the Most Popular RealtyToday Stories in a Weekly Newsletter
RealtyToday Best Deals
Real Time Analytics