· 12/14/1970
Chemtronics, Inc. v. Beckman Instruments, Inc.
Citations
- 400 U.S. 956
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that a finding of unity between the individual and the corporation “alone cannot establish an alter ego relationship under Texas law, because [Appellants] are not direct shareholders of [the corporation]”
- noting that the ultimate goal in reverse piercing is unique: The court treats the individual and the corporation as \one and the same.\
- presuming that Texas would recognize reverse piercing claim \upon a finding that the individual [debtor] and the corporation should be treated as alter egos\
- presuming that Texas would recognize reverse piercing claim ‘‘upon a finding that the individual [debtor] and the corporation should be treated as alter egos’’
- concluding Texas law would allow a creditor to reach a corporation’s assets when there is a showing of an alter ego relationship between the individual debtor and the corporation
- concluding Texas law would allow a creditor to reach a corporation’s assets when there is a showing of an alter ego relationship between the individual debtor and the corporation
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.