Case Result
$40M
Chapter 7 Bankruptcy
2012
Trial Verdict
Jackson, MS
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Case Details
A Razorbacks' football coach filed for Chapter 7 bankruptcy to discharge $40 million worth of debt. The bankruptcy trustee requested an extension, and a creditor questioned the disposition of his salary, suspecting fraudulent information.
Additional Notes
A creditor believes the purpose of deferring salary was to protect it from bankruptcy, and an examination could result in denial of debt discharge.
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