Bankruptcy: Restitution Agreement- Injunctive and Declaratory Relief- Bankruptcy Court Jurisdiction
Debtor was fired or resigned from his employment with plaintiff-appellant after he used his position to misappropriate funds. Debtor and appellant executed a restitution agreement empowering an attorney-in-fact to collect debtor’s distributions and turn over to appellant. After debtor filed for bankruptcy, he purported to revoke the power of attorney. The bankruptcy court subsequently denied [&h[...]
Bankruptcy: Restitution Agreement- Injunctive and Declaratory Relief- Bankruptcy Court Jurisdiction
Debtor was fired or resigned from his employment with plaintiff-appellant after he used his position to misappropriate funds.. Debtor and appellant executed a restitution agreement empowering an attorney-in-fact to collect debtor’s distributions and turn over to appellant. After debtor filed for bankruptcy, he purported to revoke the power of attorney. The bankruptcy court subsequently denie[...]
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