defalcation definition
defalcation means misapplication, including misappropriation, of any property;
defalcation means any theft, embezzlement, failure to account, fraudulent misappropriation or other act punishable by imprisonment of or in relation to money or any other property;
defalcation means a default, act of embezzling, failure to meet an obligation, misappropriation of trust funds or money held in any fiduciary capacity and failure to properly account for such funds;
More Definitions of defalcation
defalcation as used in section 523(a)(4) means a misappropriation of trust funds or money held in any fiduciary capacity, or the failure to account
defalcation means misapplication, including misappropriation, of any property; “derivative”, in relation to a unit in a business trust, has the same meaning as in
defalcation means ‘the misappropriation of funds held in trust for another in any fiduciary capacity, and the failure to properly account for such funds.’” Shriners Hosp. for Children v. Bauman (In re Bauman), 461 B.R. 34, 45 (Bankr. N.D. Ill. 2011). “Defalcation has also been defined as ‘a failure to account for money or property that has been entrusted to another.’” Deady v. Hanson (In re Hanson), 432 B.R. 758, 775 (Bankr. N.D. Ill. 2010) (citing Green v. Pawlinski (In re Pawlinski), 170 B.R. 380, 389 (Bankr. N.D. Ill. 1994)). The Supreme Court has determined that a finding of defalcation under section 523(a)(4) includes a culpable state of mind requirement involving knowledge of or reckless conduct. Bullock, 569 U.S. at 273-74.
defalcation means a default, act of embezzling, failure to meet an obligation, misappropriation of trust funds or money 30
defalcation means the misappropriation of assets.
defalcation means misapplication, including misappropriation,
defalcation means ‘the misappropriation of funds held in trust for another in any fiduciary capacity, and the failure to properly account for such funds.’” Shriners Hosp. for Children v. Bauman (In re Bauman), 461 B.R. 34, 45 (Bankr. N.D. Ill. 2011). “Defalcation has also been defined as ‘a failure to account for money or property that has been entrusted to another.’” Deady v. Hanson (In re Hanson), 432 B.R. 758, 775 (Bankr. N.D. Ill. 2010) (citing Green