NEC Electronics Inc. v. Hurt

How courts have described this case

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

• finding that the interests of a sole shareholder of a corporation did not align with the corporation because the corporation was on the verge of bankruptcy and therefore had no incentive to litigate
• reversing trial court’s order amending judgment to add debtor where there was insufficient evidence the debtor controlled underlying litigation
• veil piercing warranted where evidence demonstrated that defendant manipulated assets of company to detriment of its creditors
• “Surely every chief executive officer of a corporation is cognizant of claims asserted against the corporation.”
• “This is an equitable procedure based on the theory that the court is not amending the judgment to add a new defendant but is merely inserting the correct name of the real defendant.”

Source: CourtListener parenthetical corpus (CC0).