Cho Hung Bank v. Kim (In re Kim)
This text of 62 F.3d 1511 (Cho Hung Bank v. Kim (In re Kim)) is published on Counsel Stack Legal Research, covering Court of Appeals for the Ninth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
ORDER
The Bankruptcy Appellate Panel held that fraudulently inducing a creditor’s extension of the due date for repayment of a loan was sufficient under 11 U.S.C. § 523(a)(2) to support a claim of nondischargeability against a debtor in bankruptcy, and it was not necessary for the creditor to show that “new money” was lent to the debtor. We agree. The opinion of the Bankruptcy Appellate Panel in In re Kim, 163 B.R. 157 (9th Cir. BAP 1994) is hereby adopted as the opinion of this Court.
AFFIRMED.
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Cite This Page — Counsel Stack
62 F.3d 1511, 95 Cal. Daily Op. Serv. 6659, 95 Daily Journal DAR 11413, 1995 U.S. App. LEXIS 23923, Counsel Stack Legal Research, https://law.counselstack.com/opinion/cho-hung-bank-v-kim-in-re-kim-ca9-1995.