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A creditor's theory that the assets of a debtor's fianc�e must be included in a bankruptcy petition has resulted in sanctions and a sharp reprimand from a New York federal judge. The judge said the theory advanced by attorney David P. Antonucci was so flawed that his client, Northern Federal Credit Union, should be penalized as well for relying on such poor counsel. Antonucci admitted, according to court records, that the theory was a "[shot] in the dark" and that he had no proof to back up his claims.
June 07, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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