Opinion ID: 3012143
Heading Depth: 2
Heading Rank: 1

Heading: The Bankruptcy Court’s Findings of Fraud and

Text: Calculation of Fraud Damages on Remand Upon careful examination of the District Court’s July 1995 Opinion, we conclude that Judge Fullam’s sole mandate (and therefore our sole 1996 mandate) was to vacate Judge Gindin’s June 1993 Findings on procedural grounds and to order a new trial on the merits. Consequently, the views expressed by Judge Fullam in his 20 1995 opinion concerning the findings of fraud and calculation of damages should be read merely as dicta. In the July 1995 Opinion, Judge Fullam held only that the Coffeys did not receive adequate notice that the Estimation Hearing was to be combined with the adversary proceeding, and he therefore vacated the Bankruptcy Court’s initial June 1993 Findings. The Bankruptcy Court was directed to: reconsider and reestablish an estimated value of the Coffey’s claim, on the basis of the present evidentiary record together with such additional evidence as the parties may present. The adversary proceeding will be remanded for trial on the merits (or such other disposition as the parties may consent to). In re Kool, Mann, No. 390-00017, slip op. at 12 (D.V.I. Jul. 17, 1995). Once Judge Fullam decided that notice to the Coffeys’ was inadequate, he offered a number of observations and comments on the evidence and other