Document ID: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-ca11-16-11802/USCOURTS-ca11-16-11802-0/pdf.json

Parties Involved:
SE Property Holdings, LLC
Appellee
Larry Bruce Thacker
Appellant

Document Text:

[DO NOT PUBLISH]

IN THE UNITED STATES COURT OF APPEALS

FOR THE ELEVENTH CIRCUIT

________________________

No. 16-11802

________________________

D.C. Docket Nos. 5:15-cv-00183-MP-CJK; 5:12-bkc-50370-KKS

In re: LARRY BRUCE THACKER,

Debtor.

__________________________________________________________________

LARRY BRUCE THACKER,

 Plaintiff - Appellant,

versus

SE PROPERTY HOLDINGS, LLC

 Defendant - Appellee.

USCA11 Case: 16-11802 Date Filed: 01/30/2017 Page: 1 of 3
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________________________

Appeal from the United States District Court

for the Northern District of Florida

________________________

(January 30, 2017)

Before WILSON and JULIE CARNES, Circuit Judges, and HALL,

∗ District 

Judge.

PER CURIAM: 

Appellant Larry Thacker appeals the district court’s affirmance of the 

bankruptcy court’s denial of his discharge and grant of summary judgment for the 

appellee SE Property Holdings, LLC (SEPH) based on a continuing concealment 

theory and collateral estoppel. After careful review of the record and parties’ 

briefs, along with the benefit of oral argument, we affirm. 

We review a grant of summary judgement de novo. In re Optical Techs, 

Inc., 246 F.3d 1332, 1335 (11th Cir. 2001). This litigation originated in 2009 and 

has allowed Mr. Thacker to avoid satisfying a million dollar judgment owed to 

SEPH. Since then, several courts have affirmed the finding of fraudulent conduct 

exhibited by Mr. Thacker when he transferred most of his assets into a trust with 

intent to hinder, delay, and defraud SEPH. The district court determined that the

bankruptcy court properly gave collateral estoppel effect to the findings of fraud in 

order to conclude that “Thacker is not the kind of honest debtor who is entitled to 

 ∗ Honorable James Randal Hall, United States District Judge for the Southern District of 

Georgia, sitting by designation.

USCA11 Case: 16-11802 Date Filed: 01/30/2017 Page: 2 of 3
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discharge.” Thacker v. SE Prop. Holdings, LLC, No. 5:15-cv-00183-MP-CJK, at 

*20 (N.D. Fla., Mar. 21, 2016). The bankruptcy court also properly applied the 

doctrine of continuing concealment to conclude that Thacker’s fraudulent behavior

continued after the initial transfers were made. We agree with the thorough and 

well-reasoned decision of the district court. Although denial of discharge is an

extraordinary measure, “it is clear that these facts present a case in which the 

denial was warranted.” Id. at 21. 

AFFIRMED.

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