(United States Fourth Circuit) - In a Chapter 7 bankruptcy appeal,the district court's judgment affirming the bankruptcy court's denial of debtor's discharge under the false oath provision of 11 U.
S.
C. section 727(a)(4), is affirmed where that debtor intentionally lowballed his estimate of the value of his interest in a genuine estate investment company at just 4% of his initial capital contribution.
Source: findlaw.com