IN RE JACKS

Bankruptcy No. LA 98-36713-SB. Adversary No. LA 98-02816-SB.

243 B.R. 385 (1999)

In re Brian JACKS, Debtor. Jaime B. Nahman, Plaintiff, v. Brian Jacks, Defendant.

United States Bankruptcy Court, C.D. California, Los Angeles Division.

December 29, 1999.


Attorney(s) appearing for the Case

John R. Winandy, Law Offices of John R. Winandy, Los Angeles, CA, for plaintiff.

Sharon Coverly Hughes, Law Offices of Sharon C. Hughes, Los Angeles, CA, for defendant.


OPINION ON SUMMARY JUDGMENT MOTIONS

SAMUEL L. BUFFORD, Bankruptcy Judge.

I. INTRODUCTION

These summary judgment motions raise two principal issues related to the liability of corporate officers and directors to a creditor of the corporation under § 523(a)(4)1. The first question is whether the claim of such a creditor can arise where the insolvency is created by the transactions constituting the defalcation at...

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