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IN RE ARMSTRONG

Bankruptcy No. 96-50087 S, Adversary No. 98-5005.

231 B.R. 734 (1999)

In re Murray F. ARMSTRONG. William S. Meeks, Trustee, plaintiff, v. Samuel A. Perroni, The Perroni Law Firm, P.A., Patrick R. James and Patrick R. James, P.A., defendants.

United States Bankruptcy Court, E.D. Arkansas, Pine Bluff Division.

January 29, 1999.

Attorney(s) appearing for the Case

Thomas Streetman, Crossett, AR, for plaintiff.

David Grace, Little Rock, AR, for defendant.

ORDER RE MOTIONS FOR SUMMARY JUDGMENT

MARY D. SCOTT, Bankruptcy Judge.

THIS CAUSE is before the Court upon motions for summary judgment filed by the parties. The debtor in this case, Murray Armstrong, is an attorney who organized Ponzi schemes1 and embezzled massive amounts of funds from his clients to support his snowballing Ponzi schemes and gambling debts. As is the nature of Ponzi schemes, his financial difficulties...

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