Editor's Note :

Editor's Note :

We expect orders from the March 24 conference on Monday at 9:30 a.m. There is a possibility of opinions on Tuesday, March 28 and Wednesday, March 29.
On Monday the court hears oral argument in Advocate Health Care Network v. Stapleton. Ronald Mann has our preview.
On Monday the court also hears oral argument in TC Heartland LLC v. Kraft Foods Group Brands LLC. Ronald Mann 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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