10
Haussermann, Davison & Shattuck ($6,910); (c) Northeast Cellulose
($18,879,963); (d) Guaranty Bank & Trust Co. v. Lawrence McKee,
Stephen F. Scofield and Kay L. McKee ($80,000); (e) Granby Press
v. Sigma General, Inc. ($178,000); (f) Calta, Inc. ($66,697); (g)
Guaranty Bank & Trust Co. for suit filed in 1982 (unknown
amount); and (h) Alar, Ltd. (unknown amount).
Northeast and Norkevicius filed a complaint seeking to deny
petitioner's discharge (the adversary proceeding). They alleged
that petitioner should be denied a discharge under section 7273
of the Bankruptcy Code because he committed certain acts intended
to hinder, delay, or defraud his creditors. A trial in the
adversary proceeding was held in the United States Bankruptcy
Court for the District of New Hampshire on January 11, 12, and
3 11 U.S.C. sec. 727(a) (1994) provides, in part:
Sec. 727. Discharge
(a) The court shall grant the debtor a discharge,
unless--
* * * * * * *
(3) the debtor has concealed, destroyed,
mutilated, falsified, or failed to keep or preserve any
recorded information, including books, documents,
records, and papers, from which the debtor's financial
condition or business transactions might be
ascertained, unless such act or failure to act was
justified under all of the circumstances of the case;
* * * * * * *
(5) the debtor has failed to explain
satisfactorily, before determination of denial of
discharge under this paragraph, any loss of assets or
deficiency of assets to meet the debtor's liabilities;
* * *
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