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Alter ego claim proceeds outside bankruptcy (access required)

By: Pat Murphy
Published: January 19, 2011

Tags: ,

The automatic stay in a corporation's bankruptcy case did not prevent its owner from being sued by a creditor in state court under an alter ego theory, the California Court of Appeal has ruled in affirming a $292,000 judgment. The plaintiff provided goods to the defendant's corporation. When its invoices were not paid, the plaintiff sued ...
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