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February 27, 2023

Fraud Among Business Partners

Supreme Court Tackles Fraud Among Business Partners, Not Spouses

In upholding the US Court of Appeals for the Ninth Circuit opinion, the high court said that liability can be held against a partner of a wrongdoer. The justices said they wanted to clear up lower court “confusion” on the meaning of the bankruptcy code’s exception to discharging debts obtained by actual fraud.

Read more at Bloomberg Law

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