The Bankruptcy Code says that debts based on liability “for willful and malicious injury by the debtor to another entity or to property of another entity” are specifically excluded from the scope of the bankruptcy discharge.
The Depp v. Heard jury found that Ms. Heard had acted intentionally and with actual malice to cause harm to Mr. Depp. This means that the jury’s award of damages is likely not dischargeable in bankruptcy.
The jury issued its verdict yesterday in the Virginia defamation lawsuit between Johnny Depp and his ex-wife Amber Heard. After three weeks of trial, the jury concluded that Ms. Heard’s statements were defamatory. Yesterday’s verdict has left many people asking whether damages awarded in a...
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