6th Circ. Rules Exec's Ch. 7 Can't Block IP Theft Judgment

Law360 (May 5, 2020, 8:38 PM EDT) -- A mortgage company executive can't use his Chapter 7 bankruptcy to ditch a $3.4 million judgment a former employer won after he failed to show up and defend himself against trade secret theft claims, the Sixth Circuit has ruled.

The Sixth Circuit affirmed a bankruptcy court's decision that Aaron Hill had caused "deliberate and intentional injury" to Ohio-based CMCO Mortgage LLC when he took a new job in 2012 and that those actions preclude a discharge of the judgment in that case.  

Hill, after missing a pretrial conference and damages trial in 2014, was found to have acted maliciously when he accepted that...

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