· 10/12/1994
Jemez Agency, Inc. v. Cigna Corp.
Citations
- 866 F. Supp. 1340
- 1994 U.S. Dist. LEXIS 16169
- 1994 WL 622249
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- requiring the plaintiffs to satisfy all three prongs of the alter ego test for liability as set forth in Scott, 107 N.M. at 121, 753 P.2d at 900
- setting out the three requirements in order to pierce the corporate veil in New Mexico as \(1) a showing of instrumentality or domination; (2) a demonstration of improper or fraudulent purpose for incorporation; and (3) proximate causation\
- setting out the three requirements in order to pierce the corporate veil in New Mexico as “(1) a showing of instrumentality or domination; (2) a demonstration of improper or fraudulent purpose for incorporation; and (3) proximate causation”
- explaining subsidiary can be considered alter ego of parent corporate where “the parent’s control goes beyond that normally exercised by a majority shareholder” or “the subsidiary does an act at the direction of the parent, or in the course of the parent’s business”
- “status as a shareholder or employee of a corporation does not provide personal jurisdiction where that person did not participate in the alleged injurious conduct”
- “In other words, [in establishing the first requirement of instrumentality or domination,] the subsidiaries must be shown to be mere ‘alter egos’ of [the parent].”
Source: CourtListener parenthetical corpus (CC0).
Judges: Burciaga
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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