Semenov v. Attorney General of the United States

How courts have described this case

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

• denying liquidating trust’s effort to apply alter ego theories to disregard corporate form to expand litigation claims it sought to assert, noting that there was “no support for the idea that alter ego theories can be used in this selective and self-serving way”
• “Courts have expressed concern that the continued application of the ‘conceivable effect’ test could result in an unwarranted exercise of jurisdiction over the post-confirmation business of a reorganized debtor.”
• “The only way to figure out what a participation interest is, and what rights it actually grants, is to look at the agreements themselves.”
• “A membership interest in a limited liability company is property (just as a share of stock is property), but the owner of the membership interest has no ownership right in the property that is owned by the limited liability company.”

Source: CourtListener parenthetical corpus (CC0).