Editor's Note :

Editor's Note :

There is a possibility of opinions on Tuesday, March 28 and Wednesday, March 29. We will begin live-blogging at this link at 9:45 a.m.
On Tuesday the court hears oral argument in Lee v. United States. Amy Howe has our preview.

Bullock v. BankChampaign, N.A.

Docket No. Op. Below Argument Opinion Vote Author Term
11-1518 11th Cir. Mar 18, 2013
Tr.Aud.
May 13, 2013 9-0 Breyer OT 2012
 
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Holding: The term “defalcation” in the Bankruptcy Code includes a culpable state of mind requirement involving knowledge of, or gross recklessness in respect to, the improper nature of the fiduciary behavior.

Plain English Summary:

Judgment: Vacated and remanded, 9-0, in an opinion by Justice Breyer on May 13, 2013.

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Holding: The term “defalcation” in the Bankruptcy Code includes a culpable state of mind requirement involving knowledge of, or gross recklessness in respect to, the improper nature of the fiduciary behavior.   JudgmentVacated and remanded, 9-0, in an opinion by Justice Breyer on May 13, 2013.
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