· 6/18/1992
Geyer v. Ingersoll Publications Co.
Citations
- 621 A.2d 784
- 1992 Del. Ch. LEXIS 132
- 1992 WL 455473
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- noting that a corporate veil of an entity may be pierced “where there is fraud or where a subsidiary is in fact a mere instrumentality or alter ego of its owner.”
- upholding alter ego claim where plaintiff “alleged specific facts that are not merely conclusory but are sufficient to pierce [the] corporate veil”
- following Mabon and denying to apply a no-recourse provision to an alter-ego claim because “an alter ego claim is distinct from a contract claim and is equitable in nature” and “the no recourse provision does not bar equitable claims.”
- specific allegations about the use of the corporate form to perpetrate fraud sufficient to withstand motion to dismiss
- “[W]hen the insolvency exception does arise, it creates fiduciary duties for directors for the benefit of creditors”
- specific allegations about the use of the corporate form to perpetrate fraud sufficient to withstand motion to dismiss
Source: CourtListener parenthetical corpus (CC0).
Judges: Chandler
Read full opinion on CourtListenerSourced 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.