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IN RE GREENE

BAP No. NV-88-1078, Bankruptcy No. 85-1076, Adv. No. 86-0024.

96 B.R. 279 (1989)

In re Stanton L. GREENE, dba Innovative Products, Inc., Debtor. FIRST INTERSTATE BANK OF NEVADA, Appellant, v. Stanton L. GREENE, dba Innovative Products, Inc., Appellee.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided February 10, 1989.

Attorney(s) appearing for the Case

Cheryl A. Skigin, Wiener, Waldman, Gordon & Silver, Ltd., Reno, Nev., for appellant.

Charles F. Wong, San Francisco, Cal., for appellee.

Before RUSSELL, PERRIS and VOLINN, Bankruptcy Judges.

OPINION

RUSSELL, Bankruptcy Judge:

This appeal arises from the bankruptcy court's finding that the debtor's financial statement, which omitted a secured claim of approximately $100,000, was not a materially false statement in the context of the requirements of section 523(a)(2)(B) of the Bankruptcy Code and that the debt was not excepted from discharge. WE REVERSE.

FACTS

STANTON L. GREENE (debtor) approached FIRST INTERSTATE BANK OF NEVADA...

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