Fagan v. La Gloria Oil and Gas Company

How courts have described this case

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

• “In ordinary circumstances where an officer or director negligently mismanages corporate business to its injury or takes to himself that which belongs to, or in fairness and equity should be acquired by, the corporation, a cause of action in behalf of the corporation arises.”
• analyzing the Texas trust fund doctrine

Source: CourtListener parenthetical corpus (CC0).