Minnesota Bankruptcy Case: One Partner Takes Another for a Ride. Resulting Debt is Nondischargeable
The following is a summary of a Minnesota bankruptcy case or a case relevant to Minnesota bankruptcy law.
Minnesota Bankruptcy Case:
West v. Hanson (In re Hanson), ADV 09-6023, (Bankr. D. Minn. 8/3/10) (O’Brien, J.)
One Partner Takes Another for a Ride. Resulting Debt is Nondischargeable
Darrin West and Corey Hanson started a limousine service. When it failed, Corey Hanson and his wife filed bankruptcy and West sued them both – trying to establish a nondischargeable debt. Corey Hanson’s wife, Stacey, was dismissed from the proceeding before trial. Judge O’Brien found that Corey Hanson had promised to make an investment in the partnership that had been formed and that he never intended to make such an investment. West relied on the representation, to his detriment, causing any damages he suffered to be excepted from Corey Hanson’s discharge.
Credit: The preceding was a summary of a case relevant to Minnesota bankruptcy law. The case summary was prepared by the U.S. Bankruptcy Court through Judge Robert J. Kressel & attorney Faye Knowles.