What is the test for discharging a bankrupt who has been found guilty of gross misconduct?
Alberta, Canada
The following excerpt is from Richards (Re) (Trustee of), 1998 ABQB 643 (CanLII):
An order for discharge should only be out rightly refused if the bankrupt's conduct has been particularly reprehensible or in extreme cases (Industrial Acceptance Corporation v. Lalonde 1952 CanLII 2 (SCC), 1952 2 S.C.R. 109 32 C.B.R. 191 1952 D.L.R. 348). While the bankrupts conduct is subject to censure, it is not reprehensible.
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