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Attorneys React To High Court's Bankruptcy Fraud Ruling

Law360, New York ( May 16, 2016, 8:27 PM EDT) -- The U.S. Supreme Court declined Monday to establish a narrow interpretation of "actual fraud" in determining whether debts can be discharged through bankruptcy, overturning the Fifth Circuit and endorsing a broader view of a provision that bars parties from shedding debts obtained under false pretenses. Here, attorneys tell Law360 why the Husky International Electronics Inc. v. Ritz decision is significant....

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