Judgment for Stephens Friedland LLP Client Held Non-Dischargable

May 8th, 2012
By: Natasha Kader, Stephens Friedland LLP
John Stephens

On May 1, 2012, the Bankruptcy court held that a six-figure judgment obtained by John Stephens after a bench trial is non-dischargeable in bankruptcy. This result was possible due to the findings of fact obtained at trial, including that the defendant, a partner and fiduciary of our client, had misappropriated funds belonging to our client. In addition, before the bankruptcy filing, Stephens Friedland LLP obtained a post-judgment charging order that resulted in our client obtaining operational control over the partnership. These are excellent results in very difficult circumstances.

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