US Supreme Court Further Defines Fraud in Bankruptcy

The US Supreme Court provides further guidance to bankruptcy lawyers, attorneys and practitioners on when “fraud is fraud” for purposes of §523(a)(2)(A) of the Bankruptcy Code.
The Court says: “The term “actual fraud” encompasses fraudulent conveyance schemes, even when those schemes do not involve a false representation.”
Click on the link below to read the opinion that came out yesterday.
The Opinion