Opinion
CASE NO. 91-50405, ADV. NO. 92-5017, CASE NO. 91-50764, ADV. NO. 92-5018.
November 16, 2006
SUBSTITUTED MEMORANDUM OPINION
After a thorough review of the record in this case the court has concluded that the complaints of ICNA in these cases seeking to have the indebtedness owed to it excepted from discharge under 11 U.S.C. § 523(a)(2)(B) should be dismissed. There is simply insufficient evidence to warrant a finding that the financial statement of the debtors accompanying the Investor Bond Application submitted to ICNA was materially or intentionally or recklessly false.