Kadish v. PHX.-SCOTTS. SPORTS COMPANY

How courts have described this case

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

• finding that business 7 transactions smacked of self-dealing when the defendant corporate director caused the 8 plaintiff corporation to engage in transactions with another corporation owned by the 9 defendant, and these transactions promoted the defendant’s personal interests
• referring to burden of proof problems with respect to objections to discharge under Section 17a(2
• stating “[w]here the acts of an officer or director smack of self-dealing . . . the officer or director has the burden of proving the fairness of the transaction to the corporation to which they owe a fiduciary duty”
• held that “[a] defalcation clearly requires acts amounting to misconduct or reflecting bad faith, and not merely inadvertence, mistake or negligence.”
• officers and directors of corporation making unauthorized expenditures of corporate funds
• officers and directors of corporation making unauthorized expenditures of corporate funds

Source: CourtListener parenthetical corpus (CC0).