· 2/17/1994
Pyshos v. Heart-Land Development Co.
Citations
- 630 N.E.2d 1054
- 258 Ill. App. 3d 618
- 196 Ill. Dec. 889
- 1994 Ill. App. LEXIS 204
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- court reviewed merits of new action to pierce corporate veil to collect workers’ compensation judgment from corporation’s shareholders
- “[A] party who has secured a judgment against a corporation may not seek to pierce the corporate veil in supplementary proceedings.”
- court reviewed merits of new action to pierce corporate veil to collect workers' compensation judgment from corporation's shareholders
- supplementary proceedings concern whether the debtor possesses assets that should satisfy the judgment or whether a third party holds those assets
- supplementary proceedings limited to determining whether the judgment debtor possesses assets subject to the judgment or whether a third party holds such assets
- “[A] judgment creditor may choose to file a new action to pierce the corporate veil to hold individual shareholders and directors liable for the judgment of the corporation.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Theis
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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