Bankruptcy Law Case Summary – Patel v. Crown Diamonds, Inc.

On behalf of Furr & Cohen, P.A. posted in News on Friday, May 6, 2016.

In a suit alleging defendants defrauded her of hundreds of thousands of dollars after her husband died, the trial court’s entry of judgment based on terminating sanctions against plaintiff and entry of monetary sanctions against plaintiff and her attorney are reversed where plaintiff did not sue former bankruptcy debtor in this action for fraud and related claims, but rather his business partners, and principles of res judicata and collateral estoppel do not apply to insulate defendants from answering for what plaintiff claims are their fraudulent activities.