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IN RE ACKER

Bankruptcy No. 84-00163.

45 B.R. 687 (1985)

In re Nancy C. ACKER a/k/a Nancy C. LaBounty, Debtor. DESIGNERS UNLIMITED, INC., derivatively by its shareholder, K. Thomas Acker, and K. Thomas Acker, individually, Plaintiffs, v. Nancy C. ACKER, Defendant.

United States Bankruptcy Court, D. Vermont.

January 11, 1985.

Attorney(s) appearing for the Case

Paul S. Kulig, of Keyser, Crowley, Banse & Facey, Rutland, Vt., for plaintiffs.

Theodore Corsones, Rutland, Vt., for debtor-defendant.

MEMORANDUM OPINION

CHARLES J. MARRO, Bankruptcy Judge.

In this adversary proceeding, the Court has before it for consideration the Complaint of the Plaintiffs to Determine Dischargeability of Debt which they claim non-dischargeable under § 523(a)(4) of the Bankruptcy Code. Although the Plaintiffs refer to § 532, this is apparently a typographical error.

§ 523(a)(4) provides that any debt for fraud or defalcation while an individual...

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