finding reasonable reliance but not deciding the issue of whether reasonable reliance requirement survived the Supreme Court's decision in Grogan v. Garner, 498 U.S. at 279, 111 S.Ct. at 655
Summary of this case from Heeter v. Birt (In re Birt)No. 92-1057.
February 22, 1993, OCTOBER TERM, 1992.
C.A. 6th Cir. Certiorari denied. Reported below: 970 F. 2d 1556.
finding reasonable reliance but not deciding the issue of whether reasonable reliance requirement survived the Supreme Court's decision in Grogan v. Garner, 498 U.S. at 279, 111 S.Ct. at 655
Summary of this case from Heeter v. Birt (In re Birt)finding reasonable reliance but not deciding the issue of whether reasonable reliance requirement survived the Supreme Court's decision in Grogan v. Garner, 498 U.S. at 279, 111 S.Ct. at 655
Summary of this case from In re Fowlerupholding punitive assessment of $400,000 on compensatory damages of $7,924 a ratio in excess of 50-1
Summary of this case from In re Cannonrefusing to articulate a wholesale rejection of the duty on the creditor to investigate because the specific circumstances of the case involved a debtor who was a long time customer of the bank, a minimal investigation would not reveal the fraud, and no "red flags" were apparent
Summary of this case from In re MichaelFull title:SIKES v. BANCBOSTON MORTGAGE CORP
Court:U.S.
Date published: Feb 22, 1993
Bankruptcy Act § 17(a)(2), as amended, 11 U.S.C. § 35(a)(2) (1964), the predecessor to § 523(a)(2), contained…
In re CannonThe ongoing nature of the material omissions and/or misrepresentations is also indicative of lulling or…