Forged Drug Test Can't Derail Financier's Bankruptcy

Law360, London (April 6, 2021, 3:02 PM BST) -- A judge has refused to derail a former financier's bankruptcy after he admitted to forging a drug test during divorce proceedings, finding on Tuesday that it had little to do with his economic woes and was not linked to fraud. 

Insolvency court Judge Nicholas Briggs dismissed a petition to overturn Audun Gudmundsson's bankruptcy, finding that there was no evidence the former financier had lied to the court about the state of his finances.

Even though Gudmundsson had doctored a drug test during a bitter divorce, he proved to be an honest witness who was forthcoming about his assets at bankruptcy, the judge...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!