Court of Appeals for the Ninth Circuit August 23, 1995, No. 94-55308 (Cho Hung Bank v. Kim (In re Kim))

ORDER

The Bankruptcy Appellate Panel held that fraudulently inducing a creditor’s extension of the due date for repayment of a loan was sufficient under 11 U.S.C. § 523(a)(2) to support a claim of nondischargeability against a debtor in bankruptcy, and it was not necessary for the creditor to show that “new money” was lent to the debtor. We agree.