(United States First Circuit) - Bankruptcy Court's denial of debtor's Chapter 11 petition is affirmed where omitting an asset's name but including the asset's value on a Schedule B form does not clear the materiality threshold for a false oath claim under 11 U.
S.
C. section 727(a)(4)(A) because: 1) by omitting the existence of a cash balance map (CBP),a creditor would not otherwise know of the map's existence; 2) creditors have a accurate to investigate the history of a debtor's asset and whether a debtor fails to disclose the existence of an asset, then a creditor may not be able to engage in due diligence.
Source: findlaw.com