Hall of fame horse racing jockeys Laffit Pincay, Jr. and Chris McCarron first sued their former business managers, Vincent and Robert Andrews, in California District Court in 1989 for fraud, breach of fiduciary duty and other...more
6/2/2015
/ Appeals ,
Breach of Duty ,
Chapter 11 ,
Collateral Estoppel ,
Dischargeable Debts ,
Fiduciary Duty ,
Fraud ,
Horse Racing ,
Investment Adviser ,
Investment Funds ,
Jury Verdicts ,
Justifiable Reliance ,
Misrepresentation ,
RICO
In her first published decision, rendered in Mexico Construction and Paving v. Thompson (In re Thompson), Case No. 11-32924, Adv. Pro. No. 12-03065 (Bankr. D. Conn May 22, 2014), Judge Julie A. Manning held on the basis of...more
Debts based on fraud are not dischargeable in bankruptcy, but to achieve that result the aggrieved creditor must ordinarily commence a non-dischargeability action and prove the fraud. However, when an action for fraud is...more