8th Circuit Addresses Res Judicata and Good Faith in Sanctions Case

8th Circuit Addresses Res Judicata and Good Faith in Sanctions Case

In First State Bank of Roscoe v. Stabler, No. 17-1904, 2019 U.S. App. LEXIS 3041 (8th Cir. Jan. 30, 2019), the 8th Circuit affirmed discharge violations against the First State Bank of Roscoe and it’s principal John R. Beyers for concocting a scheme post-discharge that ended with debtors owing the Bank money originally discharged. The court rejected the preclusive effect of an underlying state court action and defendants’ good faith defense.

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