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Violation of Settlement Agreement Deemed Non-Dischargeable | LexBlog

alt tagpexels sora shimazaki 5668882The United States District Court for the Northern District of Texas recently ruled that a debtor’s violation of a settlement agreement was not dischargeable in bankruptcy.  The debtor, JBL Hose Service, breached two settlement agreements it had entered into with Pirtek USA, which contained non-disclosure and non-disparagement provisions.  JSL breached the agreements by publicly accusing Pirtek of racism and sharing a copy of one of the agreements with a website dedicated to disparaging franchises, and Pirtek initiated an arbitration, which JSL stayed by filing for bankruptcy.  The court applied a Fifth Circuit rule preventing discharge for knowing breaches of contract that are certain to cause injury, finding that JSL knew and intended to materially harm Pirtek’s reputation, and ruled that the violation would be non-dischargeable.

The Court concluded there was no doubt that non-dischargeability was required.

Source: Violation of Settlement Agreement Deemed Non-Dischargeable

Thomas H. Curran Associates represents a broad range of businesses and corporate entities, private equity funds, as well as governmental agencies and other interested parties in all phases of the bankruptcy process and in bankruptcy related transactions and litigation. As advocates and trusted business advisors, our well-established foundation of knowledge and understanding of our clients’ business and professional interests, enables our attorneys to deliver unparalleled individualized attention to our clients of all sizes with their bankruptcy, litigation and corporate transactional needs.

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