Jason Troy Standley v. Kenneth Standley

District Court, E.D. Texas·Decided August 24, 2026·No. 4:25-cv-01121·Unknown

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF TEXAS SHERMAN DIVISION JASON TROY STANDLEY, § § Appellant, § § v. § Case No. 4:25-cv-1121-JDK § KENNETH STANDLEY, § § Appellee. § MEMORANDUM OPINION AND ORDER This matter is on appeal from the United States Bankruptcy Court for the Eastern District of Texas. Docket No. 1; Case No. 22-04048. In the underlying adversary proceeding, Appellee Kenneth Standley sought to except from discharge an alleged debt of Appellant Jason Standley arising from certain bank loans. Following a bench trial, judgment was entered for Kenneth. Jason now appeals the bankruptcy court’s judgment and attendant findings of fact and conclusions of law. For the following reasons, the Court AFFIRMS the judgment of the bankruptcy court. I. Jason Standley is the son of Kenneth Standley. Kenneth founded P.M. Standley, a car dealership, and operated the business for many years. In 2017, Kenneth resigned his officer positions with P.M. Standley, and Jason was appointed sole officer and director. Record on Appeal (“ROA”) at 6074–75. In June 2019, Jason, on behalf of P.M. Standley, entered into new loan agreements with BTH Bank, N.A. (“BTH”). ROA at 6085. The first loan was a line of credit for $1.5 million. Id. The second loan was for $8.5 million. Id. Both loans named P.M. Standley as Borrower and were guaranteed by Jason, Kenneth, the “Jason Standley Trust,” and the “Kenneth Standley FLP Trust.” The loans were secured by P.M. Standley’s vehicle inventory. Id.

At trial, Kenneth testified that he did not consent to being a guarantor on these loans—and that Jason had signed on Kenneth’s behalf without Kenneth’s authorization. ROA at 6540; 6614. Although some evidence suggested that Kenneth had considered signing as a guarantor (including earlier texts from Kenneth and trial testimony from Jason, ROA at 7820; 7824), Kenneth testified that just before Jason executed the loan documents, he told Jason on multiple telephone calls that he was not comfortable being a guarantor on the BTH loans. ROA at 6629. Kenneth’s wife

Renee was present for one such conversation, and she testified that she heard Kenneth telling Jason that he would not sign the BTH loan documents. Id. at 6728– 30. Renee further stated that Kenneth never printed the loan documents and never signed them. Id. at 6722. Jason’s deceit might have gone unnoticed but for COVID. COVID and the shutdowns devastated the automobile market, and P.M. Standley was forced to close.

Shortly thereafter, BTH sued the Standleys for repayment of their loans. Jason and his wife, Shannon, filed a petition for bankruptcy under Chapter 7. Kenneth was named a creditor of Jason and initiated this adversary proceeding in the bankruptcy court. The case proceeded through various motions before concluding with a bench trial before the bankruptcy judge. Following trial, the bankruptcy court entered findings of fact and conclusions of law. Docket No. 1, Ex. 4. The court found in favor of Kenneth on three points relevant here: first, that the guaranty liability is excepted from discharge pursuant

to 11 U.S.C. § 523(a)(2)(A) as a debt arising from false pretenses; second, that the guaranty liability is excepted from discharge pursuant to 11 U.S.C. § 523(a)(2)(A) as a debt arising from actual fraud; and third, that all affirmative defenses or other relief requested by Jason and Shannon Standley fail as a matter of law. Jason timely appealed to this Court. Docket No. 1. Kenneth never responded. II. A district court reviews a bankruptcy court’s conclusions of law de novo and

findings of fact under the “clearly erroneous” standard. Barron v. Countryman, 432 F.3d 590, 594 (5th Cir. 2005); Matter of Heritage Real Est. Inv., Inc., 783 F. App’x 403, 404–05 (5th Cir. 2019); Jackson v. Floyd, 2013 WL 12155014, at *2 (S.D. Tex. Aug. 21, 2013) (“Bankruptcy court factual findings are reviewed by the district court hearing an appeal for clear error.” (citing Carrieri v. Jobs.com, Inc., 393 F.3d 508, 517 (5th Cir. 2004))).

“A finding of fact is clearly erroneous when[,] although there is evidence to support it, the reviewing court on the entire evidence is left with a firm and definite conviction that a mistake has been committed.” Jackson, 2013 WL 12155014, at *2 (quoting In re: Missionary Baptist Found., 712 F. 2d 206, 209 (5th Cir. 1983)). III. Jason asserts four main arguments on appeal: (1) Kenneth failed to establish a claim of fraud by false pretenses; (2) the bankruptcy court erred in rejecting Jason’s

affirmative defenses; (3) various factual findings made by the bankruptcy court were clearly erroneous; and (4) the bankruptcy court abused its discretion in admitting certain evidence and testimony. The Court will address each argument in turn. A. In his main issue, Jason argues that Kenneth failed to establish a claim of fraud by false pretenses. The “false pretenses” or “false representation” provision in 11 U.S.C. § 523(a)(2)(A) provides that:

a discharge under § 727 of this title does not discharge an individual debtor from any debt for money, property, or services, . . . to the extent obtained by false pretenses, a false representation, or actual fraud, other than a statement respecting the debtor’s or an insider’s financial condition. “To obtain a judgment that a debt is nondischargeable for false pretenses, the creditor must show that: (1) the debtor engaged in conduct ‘wronging one in his property rights by dishonest methods or schemes [such as] deprivation of something of value by trick, deceit, chicane[ry] or overreaching;’ (2) there was scienter or intent; (3)causation; and (4) damages.” In re Rifai, 604 B.R. 277, 312 (Bankr. S.D. Tex. 2019) (quoting Novartis Corp. v. Luppino (In re Luppino), 221 B.R. 693, 701–02 (Bankr. S.D.N.Y. 1998)). “[F]alse pretense involves implied misrepresentation or conduct intended to create and foster a false impression.” Id. at 313 (quotation omitted). Here, the bankruptcy court found that Jason (1) forged Kenneth’s signature without authorization, (2) intentionally, (3) causing Kenneth to (4) become personally liable for the BTH loan. Docket No. 1, Ex. 4 at 36–39. This establishes a claim of fraud by pretenses. See, e.g., In re Davis, 377 B.R. 827, 834 (Bankr. E.D. Tex. 2007); FNFS, Ltd. v. Harwood (In re Harwood), 404 B.R. 366, 389 (Bankr. E.D. Tex. 2009);

In re Minardi, 536 B.R. 171, 187 (Bankr. E.D. Tex. 2015). Jason’s brief is not a model of clarity. To the extent Jason is challenging the factual findings, the Court has reviewed the record and holds that the findings are not clearly erroneous. At trial, Jason admitted to signing the guaranty for Kenneth, ROA at 6111, and Kenneth and his wife Renee testified that Kenneth never authorized the signing and expressly told Jason that Kenneth did not want to be a guarantor, id. at 6540; 6614; 6728–30. Although Jason suggests that this testimony

is not credible, this Court may not second-guess the factfinder’s credibility determinations. See, e.g., Allaire v. Benton, 397 F. App’x 33, 37 (5th Cir. 2010). The evidence also showed that Jason attempted to “cover[] his tracks” after signing for Kenneth, see ROA at 7886–87, which supports the finding that Jason intended to deceive Kenneth. And there is no question that Jason’s conduct damaged Kenneth by causing him to become personally liable for the BTH loan.

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