In the June 4, 2018, decision in the case of Lamar, Archer & Cofrin, LLP v. Appling (In re Appling), the United States Supreme Court addressed the dischargeability of certain debts owed by a dishonest debtor in bankruptcy.
AP-Newsletter2018_Sept
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A few years ago, I obtained a $5,500,000 judgment for a client of mine against some people who I believed were insolvent. I asked John Anthony if he would accept 20% of the net recovery together with all attorneys’ fees and costs as a contingent fee for collecting the judgment. He accepted, and he made over $1,000,000. I am glad he did, because our client and I were paid in full. Now, I have recently obtained a judgment of over $60,000,000 against some other people, and my client and I have once again entrusted the matter to John Anthony. He knows how to collect assets by way of enforcing a judgment, and I know no one better.
“I have worked with John since 1995. At the time, I was a panel chapter 7 trustee. In the years since, I have been involved in hundreds of business insolvency matters as a professional fiduciary appointed by Federal and State courts. John has been a lawyer for me in all of these fiduciary capacities. He has represented me as chapter 11 trustee in a large case that involved investigation and pursuit of gross business mismanagement. In connection with that case, the former principal of the business was recently sentenced to approximately 250 years in jail. He has represented me as assignee for benefit of creditors, as a chapter 7 trustee, and in other related fiduciary capacities...
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A few years ago, I obtained a $5,500,000 judgment for a client of mine against some people who I believed were insolvent...
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