Supreme Court to Hear Oral Argument Tomorrow in Husky International Electronics, Inc. v. Ritz
The Supreme Court will hear oral argument tomorrow in Husky International Electronics, Inc. v. Ritz, No. 15-145. The issue in the case is whether the “actual fraud” bar to discharge under Section 523(a)(2)(A) of the Bankruptcy Code applies only when the debtor has made a false representation, or whether the bar also applies when the debtor has deliberately obtained money through a fraudulent-transfer scheme that was actually intended to cheat a creditor.
