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· 12/10/2018

Corning Optical Commc'ns RF LLC v. PPC Broadband, Inc.

Citations

  • 139 S. Ct. 640
  • 202 L. Ed. 2d 492

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • piercing the corporate veil on the grounds that a sole shareholder of transferor and transferee corporations effectively converted sole corporate assets for personal use, with the specific intent of defrauding corporate creditors
  • “Without the bona fides on the part of the grantee, the valuable consideration has no effect in rescuing the transaction from the literal terms and spirit of the Statute.”

Source: CourtListener parenthetical corpus (CC0).

Read full opinion on CourtListener

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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.