A Chapter 11 corporate debtor's monetary penalty obligation owed to the Federal Communication Commission (FCC), resulting from "fraud on consumers," survived the debtor's reorganization plan discharge, even when the FCC
Appellate Court Holds FCC Penalty Claim Survives Chapter 11 Corporate Debtor's Discharge
A Chapter 11 corporate debtor's monetary penalty obligation owed to the FCC, resulting from "fraud on consumers," survived the debtor's reorganization plan discharge, even when the FCC "was not a victim of the fraud," the U.S. District Court for the Southern District of New York recently held.

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