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· 11/7/2014

Greenhunter Energy, Inc. v. Western Ecosystems Technology, Inc.

Citations

  • 2014 WY 144
  • 337 P.3d 454
  • 2014 Wyo. LEXIS 165
  • 2014 WL 5794332

How courts have described this case

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

  • affirming district court's finding that LLC was intentionally undercapitalized due to member manipulation, which was unlike Gasstop Two, LLC, where LLC's undercapitalization was due to external forces
  • action to pierce LLC veil brought after judgment had been obtained and could not be satisfied because LLC had no assets
  • while undercapitalization can be considered for piercing the LLC veil, \undercapitalization alone will not suffice to pierce the veil.\
  • “[S]ome businesses need a great deal of capital, others very little.”
  • “Funds and assets should be separated and not commingled.”’
  • providing examples of the flexibility provided by the Act

Source: CourtListener parenthetical corpus (CC0).

Judges: Burke, Hill, Kite, Davis, Fox

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.