Mid-American Elevator Co. v. Norcon, Inc.

How courts have described this case

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

• stating that a trial court may order turnover of assets held by a third-party “as long as the judgment debtor would have the right to recover such assets from the third party”
• stating that a judgment creditor’s pending claim survives the dissolution of the corporation
• shareholders may not treat corporate assets as their own prior to completion of the winding up process
• corporation must provide for rights of corporate creditors and third persons during windup
• corporation must provide for rights of corporate creditors and third persons during windup

Source: CourtListener parenthetical corpus (CC0).