O'CONNELL v. Pharmaco, Inc.

How courts have described this case

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

• determining ownership of specific pool of assets in possession of corporate officer on breach of duty theory
• court allowed creditor with judgment against a corporation pursuing a citation to discover assets to obtain turnover of assets held by an officer without addressing standing
• “When an officer breaches his fiduciary duty by wrongfully converting or misappropriating funds and thereby adversely affecting the relation between the corporation and its creditors, a creditor can maintain an action against the officer personally.”

Source: CourtListener parenthetical corpus (CC0).