Ault v. Estate of Zubaida Ahmed et al
| Spencer Dean Ault |
| Spencer Dean Ault |
| Estate of Zubaida Ahmed, Trust Under Will of Zubaida Ahmed, O. Leland Mahan, Yount, Hyde & Barbour, P.C., Eric F. Schell and Joseph W. Stuart |
| 1:2011cv01383 |
| December 22, 2011 |
| US District Court for the Eastern District of Virginia |
| Alexandria Office |
| Loudoun |
| Leonie M. Brinkema |
| Theresa Carroll Buchanan |
| Appeal |
| 28 U.S.C. ยง 1334 |
| None |
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Filing
9
MEMORANDUM OPINION: For these reasons, the record adequately demonstrates thatthe decision of the Loudoun County Circuit Court was based on conduct constituting defalcation under 11 U.S.C. § 523(a)(4), as Ault both misappropriated trust funds fo r his own benefit and failed to properly account for such funds in his capacity as trustee. Accordingly, the bankruptcy court's decision granting summary judgment in favor of appellees will be affirmed by anOrder to accompany this Memorandum Opinion.Signed by District Judge Leonie M. Brinkema on 03/26/12. (yguy)
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