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SHAW STEEL, INC. v. MORRIS

No. 99 C 2327.

240 B.R. 553 (1999)

SHAW STEEL, INC., Plaintiff-Appellant, v. Hewlett E. MORRIS. Jr. a.k.a. H. Edward Morris, Jr., Defendant-Appellee.

United States District Court, N.D. Illinois, Eastern Division.

October 8, 1999.

Attorney(s) appearing for the Case

Gary E. Dienstag, Springer, Casey, Dienstag & DeVitt, P.C., Chicago, IL, Donald N. Jaffe, Persky, Shapiro, Salim, Esper, Arnoff & Nolfi Co., L.P.A., Cleveland, OH, for Plaintiff.

Richard L. Hirsh, Richard L. Hirsh & Assoc., P.C., Hinsdale, IL, for Defendant.

MEMORANDUM OPINION AND ORDER

BUCKLO, District Judge.

This case poses the question of whether someone who relies to his detriment on the intentional misrepresentations of someone he plausibly believes to be a liar and a cheat can claim to have reasonably relied upon those misrepresentations for the purpose of avoiding the dischargeability of the deceiver's debts in bankruptcy. I conclude that he cannot. After Shaw Steel had won a substantial fraud...

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