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· 7/29/2003

Departamento de Recursos Naturales v. Servidores Publicos Unidos (AFSCME) Union del Cuerpo de Vigilantes del DRNA

Citations

  • 9 T.C.A. 365
  • 2003 DTA 120

How courts have described this case

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

  • where after the initial advances had been made the corporation still required further advances on several occasions
  • if “repayment of . . . advances is dependent upon the success of the recipient corporation, this suggests that the amounts were in fact an equity investment”
  • unsecured advances made by stockholder to corporation were not loans but investments
  • where the advances, with small exceptions, were never repaid

Source: CourtListener parenthetical corpus (CC0).

Judges: Oronoz, Ponente, Por, Presidenta, Soler, Vélez

Read full opinion on CourtListener

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.