Skip to main content
· 7/26/1989

Matter of Giggles Restaurant, Inc.

Citations

  • 103 B.R. 549
  • 1989 Bankr. LEXIS 1233
  • 1989 WL 87919

How courts have described this case

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

  • holding that “in the absence of restrictions, the power to file a voluntary petition in bank ruptcy on behalf of a corporation rests with the Board of Directors”
  • recognizing as a general proposition that power to file bankruptcy rests with the board
  • declining to exercise jurisdiction over corporation’s voluntary proceeding since the resolution authorizing the fifing was not attended by a quorum
  • “BKC [creditor] has a stake in an adjudication that the resolution authorizing bankruptcy was invalid and that the petition should be dismissed.”
  • applying New Jersey law for a New Jersey corporation

Source: CourtListener parenthetical corpus (CC0).

Judges: Vincent J. Commisa

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.