In Re Atlantic Littleneck Clamfarms, Inc.

How courts have described this case

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

• “If advances are made by stockholders in proportion to their respective stock ownership, an equity capital contribution is indicated.”
• “If a corporation is able to borrow funds from outside sources at the time the transaction is made, the transaction has the appearance of bona fide indebtedness.”

Source: CourtListener parenthetical corpus (CC0).