Resolution Trust Corp. v. Block

How courts have described this case

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

• holding the officer and director jointly and severally liable to the corporation for their collective actions
• holding the officer and director jointly and severally liable 10 (...continued
• joint and several liability “attaches to action of ‘two or more persons [who] owe to another the same duty, and [who] by their common neglect of that duty ... injure [the plaintiff].’ ”
• where corporate “officers and directors are found to be liable as the result of their collective breach of fiduciary duty . . . , the liability of the defendants to the corporation is joint and several.”

Source: CourtListener parenthetical corpus (CC0).