WASHINGTON, D.C. - The U.S. Supreme Court on March 18 heard oral arguments in a case involving a bank's claim that a debtor who had acted as trustee for his father's insurance trust acted recklessly and was guilty of defalcation for making loans to himself during the time he had control of the trust (Randy Curtis Bullock v. BankChampaign, No. 11-1518, Chapter 7, U.S. Sup.)....(read more)Image may be NSFW.
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